income is stronger, and that its level should be higher. the higher the level of unemployment or job scarcity. Point of … equivalent. The equivalence is that the price of Labour Rights and the unemployment benefit corresponds to the income tax rate …. This analysis provides an argument against cutting unemployment and social assistance benefits during economic downturns …

of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor market … with wage rigidities may not recover from such a temporary labor supply shock : with a younger and less experienced labor … force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human capital …

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

unemployment rates are to be expected. Consequently, industrial relations should be redesigned, but the bargaining between firms …

at least, that growth has asymmetric effects) is little disputed. Evaluating its effect on unemployment still remains a …