We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

high-wage country with an imperfectly competitive labour market so that outsourcing reduces equilibrium unemployment …

outsourcing cost, profit sharing and equilibrium unemployment, when profit sharing is also a part of the compensation schemes in … wage effect. For equilibrium unemployment the effects of outsourcing cost and profit sharing are ambiguous both in case of … the absence or presence of outsourcing and in this case lower outsourcing cost will decrease unemployment …

This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and … changes in the workforce distribution have non-negligible effects on unemployment rates, wages, and net output, but cannot be …

Whenever unemployment stays high for an extended period, it is common to see analyses, statements, and rebuttals about … the extent to which the high unemployment is structural, not cyclical. This essay views the Beveridge Curve pattern of … unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …