levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real … wage rigidity leads to unemployment. If firms consider only partial equilibrium effects when choosing quantities, the …

-2019 period, we use Bayesian Model Averaging and quantile regression to assess notably the relevance of unemployment and earnings …. Moreover, one percentage point increase in the difference in the unemployment rate is associated with an increase in net …

We present an applied general equilibrium modelling approach to analyse employment and unemployment effects of labour … problem of persistent unemployment. …

. In particular, I show that once markups are allowed to respond to trade liberalization, unemployment and residual wage …

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

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

economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … demand and supply shocks are opposite to those of the standard case and result in a co-movement of unemployment and … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total …

in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …