large and persistent negative relationships between unemployment and the risk of repeated unemployment and being out of … unemployment has a negative effect on later labor market attachment. This is consistent with existing findings in the literature … present in the data before changing the inference. Thus, unemployment leaves young workers with long-term scars …

This paper provides a model of “social hysteresis,” whereby long, deep recessions demotivate workers and thereby lead … work fall and consequently their employment chances fall. In this way, temporary recessions may come to have permanent … effects on aggregate employment. We also show that these permanent effects, along with the underlying identity switches, can …

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 …

efficiently according to the familiar Nash bargaining solution, we show that central negotiations lead to a lower employment level … result counters the critique that efficient negotiations result in employment levels exceeding the competitive level …

performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …

analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …. Our findings allow us to draw cautious conclusions on employment subsidies paid as welfare benefits …

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being … force behind both recent reductions in U.S. manufacturing employment and — through input-output linkages and other general …