We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment …

An empirical model is presented linking inflation and unemployment rate to the change in the level of labour force in …

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

Differences in regional unemployment in post-communist economies are large andpersistent. We show that inherited … variation in human-capital endowment across the regionsof four such economies explains the bulk of regional unemployment …

We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a …

reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We … between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test for the … relationship between unemployment and the Government deficit, e) we show the existence of a relationship between unemployment and …

We examine the relationship between inflation and unemployment in the long run, using quarterly US data from 1952 to … unemployment by some 3 to 3 1/2 years, in cycles that last from 8 to 25 or 50 years. Our statistical approach is atheoretical in … Berentsen, Menzio, and Wright (2011): the relationship between inflation and unemployment is positive in the long run. …