The standard search model of unemployment predicts, under plausible assumptions about household preferences, that … disembodied technological progress leads to higher unemployment. This prediction is at odds with the experience of industrialized … model's prediction. In the presence of nominal price rigidity faster growth is shown to lead to lower unemployment if the …

an economic crisis to isolate the impact of migration on local unemployment. The impact of the crisis on education … one of the main determinants of the unemployment increase and that remittances have a higher impact than the variation of … emigration flows. The low skilled bear the highest costs in terms of unemployment and wage decline. …

We investigate the controversial issue whether unemployment is related to productivity growth in the long run, using U …. Therefore the secular decline of unemployment since the mid 1990s indeed stemmed from higher average productivity growth. 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 …

graduates’ unemployment in the MENA region. The article provides a prospective cost- effectiveness analysis of the impact of … unemployment through a multisectoral efficiency wage setting mechanism. The main finding is that a wage subsidy targeted at highly … enough to reduce significantly unemployment. Other policy options need to be considered. …