European unemployment is widely regarded as a problem of excessive real wages. This view as it is usually expressed … unemployed because it suggests that increases in employment will require reductions in the real wages of those currently employed …. The first part of this paper shows that increases in employment in Europe are likely to be associated with rising real …

-savings" effect they may leave unaffected, or even increase, total native employment of less skilled workers. Our model also predicts … positive net effect on native employment while offshoring has no effect on it. We also find some evidence that offshoring has …

unemployment. We show that heterogeneity, reflecting differences in match quality and worker assets, reduces the extent of … fluctuations in separations and unemployment. We find that the model faces a trade-off--it cannot produce both realistic dispersion … in wage growth across workers and realistic cyclical fluctuations in unemployment …

harmed either employment or GDP. Even unemployment benefits do not have robustly negative effects … costly since about 1980, not through overall employment effects, but through the net human-capital cost of protecting senior …

We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … offshoring across occupations. Finally, we survey the literature that examines how offshoring affects employment and displacement …

-market recovery from financial crises is characterized by either higher unemployment ("jobless recovery") or a lower real wage …

and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP …, consumption, and investment, with annual data on unemployment flows. Parameters and shocks are estimated separately for each … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …

. It suggests that the pay and employment experience of low skilled Americans is a poor counterfactual for assessing how …

International Adult Literacy Survey we find that employment of skilled to unskilled labour is unrelated to differences in skill … premium but that changes in relative employment are related to changes in relative wages raising the possibility of some … substitution behavior. Still, the differing dispersion of wages is not a major contributor to differences in employment rates. The …