producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the …

rates are consistent with weakly increasing returns in matching. The resulting equilibrium is not efficient. Unemployment …

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

unemployment. If the jobs performed by domestic workers can be easily substituted by imports, then globalization reduces wages and … increases unemployment. In this situation, in the absence of any government intervention globalization not only reduces the … welfare of workers but could reduce social welfare as well. Both unemployment benefits and severance payments can protect …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We …

minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …