This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The simulations …

simulated to evaluate the impact of various types of shocks. The model reproduces quite well the unemployment rate changes and …

relationship. The model reproduces quite well the producivity slowdown puzzle, the unemployment rate evolutions and the relative …

types of workers and with search unemployment. The model is calibrated and simulated to examine the interactions between the … observed unemployment changes. …

the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search … unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetriesmay have contributed to unemployment and welfare changes in the recent past …

them after. In these setups, we comprehensively study the relations between technical progress, unemployment, and job …

This paper aims at explaining the dynamics of labor markets in Spain, especially the high persistence of unemployment …

This article argues in favor of drawing a distinction between the concepts of labour rationing and unemployment, the … unemployment, are put forward. Lucas’ widely accepted view that some job alternatives are always available will thereby be … challenged. In part three, the relationship between labour rationing and (involuntary) unemployment is examined in the context of …