density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

, results in welfare losses for at least a segment of the population, after a capital tax cut and a concurrent labour tax …

Evaluation of climate policies and other issues requires a variable population setting where population is endogenously … conditions and principles used to evaluate variable population criteria. In particular, it avoids the repugnant conclusion even …

population, and incentives for investment in human capital combine to predict the decline of the West. In particular, indigenous … redistribution, do not compete with immigrants in the labor market, and do not compete with immigrants for publicly financed income … transfers. For the economy at large, high-fertility unskilled immigrants and a low-fertility indigenous population result in …

We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …

downward rigidity, and magnifying the response of unemployment to negative shocks. We also consider layoffs and show that for a … range of shocks labor hoarding occurs while wages are cut. We argue these features are consistent with recent evidence …

lack of compensating differentials for unemployment risk can arise in equilibrium when all workers are identical and firms … differ only in job security (i.e. the probability that the worker is not sent into unemployment). In a setting where workers … depends on the behavior of all firms in the labor market and increases with the rent the employing firm leaves to the worker …