This paper provides an empirical investigation of the wage, price and unemployment dynamics that have taken place in … unemployment, slowdown in productivity growth, higher interest rates, and loss of competitiveness. On the other hand, the access to …

The recent recession has generated a tremendous increase in unemployment rates in Spain. In this paper we use a very … rich repeated cross-section dataset on workers’ job conditions, together with regional unemployment rates, to investigate … whether peers’ unemployment affects individuals’ job satisfaction. We find that, once perceived job stability is controlled …

amount of frictional and non frictional (rationed/disequilibrium) unemployment for different standard wage-setting rules when … there are matching frictions. We also compute the frictional and non frictional unemployment rate for two economies … characterized by different labor market institutions, namely the Spanish and US economies. The empirical analysis takes into account …

The aim of this paper is to find a possible hysteresis effect on unemployment rate series from Italy, France and the … presence of hysteresis we use a nonlinear unobserved components model for unemployment series. The estimation methodology used …

order to be able to analyse the effect on unemployment for a constant replacement rate. …