the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … identified as a key reason for the rising US wage inequality, while labor market rigidities are often cited as a key reason for … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the …

during cyclical downturns, when the opportunity cost of reallocation is lowest. Malfunctioning labor markets can disrupt this …, labor market inefficiencies generally lead to technological 'sclerosis,' characterized by excessively slow renovation …. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …

firm. We overview key theories related to offshoring and its labor market effects and survey three waves of the literature …

Recent assessments of occupational licensing have shown varying effects of the institution on labor market outcomes …. This study revisits the relationship between occupational licensing and labor market outcomes by analyzing a new topical … sets of person-level characteristics. We exploit this larger and more detailed data set to examine the labor market …

composition in subsamples of the Current Population Survey extracts. This compositional change is specific to Miami, unrelated to … the Boatlift, and arises from selecting small subsamples of workers. We also show that conflicting findings on the labor …