for interpreting trends in wage shares, capital-labor ratios, and aggregate unemployment. …

The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries …

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 …

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 …