composite goods from private firms. Such a policy unambiguously increases employment. It also raises private consumption and … employment, welfare and private consumption rise. We provide magnitudes for different parameter values. …

This paper deals with the consequence of public employment on labor market performances in 17 OECD countries over the … period 1960-2000. It is argued that public employment had an important crowding out e¤ect on the private sector and increased … the unemployment rate over this period. More precisely, empirical evidence suggests that the creation of one public job …

than it was in 1989. Last, the rate of self-employment has been falling gently in ISSP data; even so three to four times as … satisfied than are employees, one consistent interpretation of the above is that the barriers to self-employment have grown in …

This paper analyses unemployment and employment dynamics in the urban Mexican labour market. We use amethod to … transitions between sectors; and the transitions from the two types of employment to unemployment. The model is estimated on … analysis of transitions from employment to unemployment. The transition risks from formal employment, that is to saymobility …

displays solid microeconomic foundations, (b) it is a highly synthetic theory, which combines in a unified framework general … equilibrium, nonclearing markets, imperfect competition, growth theory and rational expectations, (c) it is also an empirical …

equilibrium theory [1,7,10], under the standard assumption that agents had perfect foresights, that is they knew, ex ante, which …