also the need for the involvement of various social actors: companies, state, local institutions, public administration … to overcome structural unemployment of long duration. …

Structural unemployment is due to mismatch between available jobs and workers. We formalize this concept in a simple … costs across segments generate structural unemployment. We estimate the contribution of these costs to fluctuations in US … unemployment, operationalizing segments as states or industries. Most structural unemployment is due to wage bargaining costs …

predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is …

Employment, unemployment and, more generally, the theme of work are the issues that have become a social emergency and … are central to the debate on economic growth. This paper examines the employment and unemployment in Italy and Europe in …

Recent research in macroeconomics emphasizes the role of wage rigidity in accounting for the volatility of unemployment …