-specific variable, it is known that there are K reservation wages that could be posted, but generically never more than two actually are … posted in equilibrium. What is unknown is when we get two wages, and which wages are actually posted. For an example with K … combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on …

In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus …

affecting 20 percent of employees would amplify output volatility by 0.2 percent to 9.2 percent, and employment volatility by ?1 …

unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …

This paper gauges the potential effects on employment of rebalancing China's exportoriented growth model toward … employment and employment opportunities in the longer term, there could be employment losses in the short run as the economy … policies to cushion the employment impact in the transition, particularly in meeting the skills gap of associated with this …