employed. The idea is to compare the difference between the net income from market work and the unemployment benefits that have …

that labour markets clear competitively. At least for Europe, which has been suffering from high unemployment for a long … unemployment which results from the union-firm wage bargaining both with optimal and restricted profit taxation when capital is … the private sector playing a Nash game. The main conclusion is that in the presence of unemployment, the conventional …

dilution effect in equilibrium. We show that introduction of profit sharing decreases equilibrium unemployment if the benefit …

reduction in unemployment, with a definition of the equilibrium rate of unemployment that is independent of the growth rate. We … shocks do have, an effect on the change in unemployment, in line with the equilibrium rate model. A novel structural model … rate of unemployment and the standard error of this estimate, and evaluate policies to lower the still quite high …

decline during the 1980s and 1990s with a simultaneous secular worsening in the EU unemployment situation. The aim of the … paper is to present a systematic description of the role of unemployment in the convergence process, which is an issue … level of income per capita, or its change over time, into four components: productivity, unemployment, participation rate …