changes. While employment and welfare increase in most countries, some experience higher unemployment and lower welfare. Labor …

Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that … discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to verify the role of unemployment …, we investigate the relationship between worker's absences and local unemployment rate (at the provincial level). We find …

The official unemployment rate has become an inadequate measure of labor market conditions. This poses a major … unemployment rate by weighing part-time workers with 62.5%, the proportion of the time they work relative to full-time workers. We … provide new monthly estimates of the unemployment rate for the period 1994-2019 and find that their average during this 25 …

replacement incomes implies migration into unemployment. Defending wages with replacement incomes brings about first …

fragmentation. This gives us a theoretical framework in which wage inequality and unemployment rates are co-determined and therefore … fragmentation. We also explore how preferences for fair wages and the size of unemployment benefits govern the employment effects of … outsourcing and critically assess the role of political intervention that aims to reduce unemployment benefits under …

I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces … that deliver a constant steady state unemployment rate in this setting. Labor-saving technical change increases … unemployment, which lowers wages and creates incentives for future investment in labor-using technologies. In the long run, this …