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unemployment …
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This paper explains prices, output and employment adjustment In an open economy characterized by a monopolistic competitive market structure where goods prices are flexible while wages are determined by contracts that pre-set the wage path for several periods. The paper solves the rational...
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taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European … decentralization of bargaining increased labor market flexibility and contributed to the reduction of unemployment. Our analysis … suggests that the reform on job security had no significant effect on the aggregate rate of unemployment …
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stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labor market …
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European unemployment is widely regarded as a problem of excessive real wages. This view as it is usually expressed …
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. In this paper, we examine the impact of labor market conditions, represented by either male civilian unemployment or … civilian unemployment rates, especially the rate for those twenty-five years old and over, are strongly and positively …
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