Worksharing is considered by many as a promising public policy to reduce unemployment. In this paper we present a … evidence for the proposition that worksharing would promote employment or reduce unemployment. In an appendix we present an …

The development of the unemployment rate di¤ers substantially between OECD countries.In this paper we investigate to …

The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … experienced a mild increase, other countries had a stable unemployment rate, while there are also 'successful' countries in which … the unemployment rate decreased a lot. A common feature of the successful countries is that they implemented a …

. Growth is driven by intentional R&D performed in the high-tech and high-wage sector. It is examined how a change in rivalry … among firms affects simultaneously growth and unemployment. On the one hand, an increase of the elasticity of substitution …

results in a non-competitive wage differential between the primary and secondary (perfectly competitive) sector. The … consequence of this distortion is the coming about of wait unemployment, i.e., unemployed queuing for high-paid jobs. Employment …

In this paper we estimate a New-Keynesian DSGE model with heterogeneity in price and wage setting behavior. In a recent …) framework by incorporating heterogeneity in nominal wage setting behavior among households. We solve this DSGE model and … heterogeneity in wage rigidity, such as the persistence in price and the wage inflation, which a standard New Keynesian model with …

increases in unemployment. Put differently, if the competitive market wage declines, why don't employers simply force their … lower competitive wage in the second phase of an employment relationship that is known to both parties. Our hypothesis is … that employers will not lower wages correspondingly and that employees will resist such wage cuts. Our experiment casts two …

-the-job search is a key component in explaining labor market dynamics in models of equilibrium unemployment.The model predicts … fluctuations of unemployment, vacancies, and labor productivity whose relative magnitudes replicate the data.A standard search and … avoids excessive tightening of the labor market for expanding firms.This keeps wage pressures low, thus further increasing …