EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics … destruction effect is stronger, thus raising the unemployment rate. …

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 rates in some states. Federal government transfers to households also appear to have adversely affected work … incentives in high unemployment states by limiting participation in the labor force. …

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 …

Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged … growth of higher-skilled sectors coupled with rigidities in the labor market seem to account for the observed unemployment … by reforming the pay-setting institutions. …

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