How can long-term unemployment be reduced by policy measures of the government? In this paper a growth …-matching-model is developed, in which the unemployment pool consists of heterogeneous unemployed workers, short-term and long … substitution and an income effect long-term unemployment can be reduced. Since the positive substitution effect implied by …

How does technical progress affect long-term unemployment in a small open economy? This relationship is evaluated in an … generated and influence the unemployment duration and the fraction of long-term unemployment negatively. Additionally, the model …

How does technical progress affect long-term unemployment? The relationship between long-term unemployment and the rate … qualification-mismatch effect, increasing technological progress has adverse implications for long-term unemployment. Furthermore … favorable or less favorable for long-term unemployment depending on whether the creative destruction effect or the …

institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …. Consequently, when institutions of FSU and sub-Saharan countries develop to the point they become attractive to traders and … commit credibly to increasing capacities of their state institutions with a view to supporting property-based rule of law and …

recipient's level of income or quality of institutions and policies; we find that short-impact aid causes growth, on average … with stronger institutions or longer life expectancies (better health). We also find a significant negative relationship …

In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence … income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … redistributive taxation to maintain political support. The quality of institutions and the extent of redistribution depend on the …

This paper studies the co-movements of unemployment and labor productivity growth for the U.S. economy. Measures of co …