significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the …

The review outlines a simple analytical model to explain the unemployment puzzle, especially the U-curve phenomenon. It …

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 …

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 …