the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is … progressivity is below the actual level. A decomposition approach shows that the optimal level is increased by high unemployment and …

, it reduces unemployment by exerting downward pressure on wages. This trade-off is quantitatively assessed using a … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity …

categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … explanatory power of macroeconomic models explaining unemployment. The approach permits to tackle model specification problems …

This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …

In this paper, we analyze oil price impacts on unemployment for Germany. Firstly, we survey theoretical and empirical … literature on the oil-unemployment relationship and relate them to the German case. Secondly, we illustrate this issue within the … 1973 to 2008, we show that oil price increases induce a rise in unemployment in the German labor market. Moreover, for a …