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 …

constructing an analytically tractable model in which the level of product market competition and the wages are endogenously …

basic income schemes on unemployment. Starting from a given level of the unemployment benefits, two reforms are envisaged … budget of the State, it is shown that the equilibrium unemployment rate decreases if a partial basic income is implemented …

of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor market … force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human capital …

that of the neo-classical model in explaining the dynamics of employment and wages in the three countries. …

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 …

that reason, a policy increasing the social capital of the disadvantaged workers can increase the unemployment rate and …

on their interactions with the profile of unemployment benefits and with active labor market programs. …

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 …