model to explain the natural rate of unemployment and non-wage employment costs, to show the impact of reform on the short … (unemployment rises and then falls, while wages move in the opposite way); that the long run gains outweigh the short run costs; and …

model to explain the natural rate of unemployment and non-wage employment costs, to show the impact of reform on the short … (unemployment rises and then falls, while wages move in the opposite way); that the long run gains outweigh the short run costs; and …

productivity growth particularly for the US. We conclude that a better understanding of the inflation-unemployment tradeoff …

underutilization, and unemployment arising from the decline of the tradeable sector. …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on ?frictional growth,? describing the … expectations, there is a long-run inflation-unemployment tradeoff. Our empirical analysis suggests that this Phillips curve may be … reasonably flat. We show that the persistence of inflation and unemployment, in response to monetary policy shocks, is related to …

renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …