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 …

, and on the economy-wide unemployment rate. A reduction in the offshoring cost affects intrafirm and intrasectoral … economy-wide unemployment rate are the elasticity of substitution between inputs and the elasticity of demand for … cost of offshoring affects jobs and unemployment. We also show that the implications of a reduction in the cost of trading …

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 …

unemployment benefits reduce unemployment? Using a recent labour market reform in Germany as background, we find that an enhanced … effectiveness of the PEA explains about 20% of the observed post-reform unemployment decline. The role of unemployment benefit … the PEA could have had an even higher impact on unemployment reduction if there had been less focus on long …

Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

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

reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …

unemployment benefits; we find that the MW is preferred by the majority of workers (even when the unemployed receive very generous … unemployment benefits). In the second model, the government engages in redistribution through the public provision of private goods … given generosity of the unemployment benefit scheme, the maximum, politically viable, MW is lower than in the absence of in …