The unemployment dynamics in the Mezzogiorno of Italy seem to corroborate the New Economic Geography predictions …, whereby, under some specific hypotheses, a stronger economic integration can amplify the regional polarisation of unemployment … carries out a comparative analysis of unemployment rates of the different ‘Mezzogiornos of Europe’. Finally, some policy …

and talents in the transformation process. To a large extent, the emergence of unemployment is an indicator of this … restructuring and reallocation. This paper surveys some of the issues involved in the rise of CEE unemployment as well as the policy …

, unemployment and capital accumulation. First, we recover the partial equilibrium over-employment phenomenon put to the fore by …

responsiveness of the unemployment rate to changes in macroeconomic variables. Most importantly, private information increases the … responsiveness of the unemployment rate to changes in the general (type- and effort independent) productivity level. If the changes … also affect the information structure, the responsiveness of the unemployment rate may be large, even if the changes in …

This Paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labour market adjustment processes, (b) the … unemployment responses to each shock. Our analysis permits us to distinguish between the short- and long-run effects of the shocks …

those that affect the long-run unemployment rate. …

This paper explores the two common concepts of the natural rate of unemployment: (i) the stable, long-run equilibrium … rate of unemployment; and (ii) the equilibrium unemployment rate at which there is no tendency for this rate to change … towards which the equilibrium unemployment rate tends with the passage of time). Specifically, it is not a reference point in …

unemployment are large, countercyclical, and highly coincident in the four European countries examined in this paper. The most … surprising finding is that exits from unemployment exhibit a countercyclical pattern, similar to that in Japan and the United …