methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high-unemployment …

combination of posted reservation wages, depending on parameters. We also show how wages, profits, and unemployment depend on …

differentiation and high regional unemployment differentials. The empirical literature has found that centralized wage bargaining … productivity and unemployment differentials. …

relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes …, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of … inflation decreases: this implies a long-run trade-off also between the volatility of unemployment and that of wage inflation. …

trap if unemployment lowers household wealth below the cost of skills acquisition. …

Unemployment has remained high in the Philippines, at almost twice the level of neighboring countries, despite … relatively fast employment growth in the past decade. Employment growth was not sufficient to reduce unemployment because of … unemployment declines were positively correlated with real GDP growth and, to a lesser extent, negatively with the real minimum …

production decision made by profit-maximizing firms, with insurance provisions and labor market institutions affecting the costs …

macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual …-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …

Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment …

This paper develops a general equilibrium model with unemployment and noncooperative wage determination to analyze the … and unemployment but increases vacancies. Additionally, the model explains the average level of unemployment insurance …