In this paper we investigate how the labor productivity growth is affected from various institutions of the labor market using the empirical evidence from a panel data of OECD countries. We find that benefit replacement rate, benefit duration index, and the tax wedge appear to be significant...

The recent and growing literature which has extended the use of search and matching models even to the housing market does not use the free entry or zero-profit assumption as a key condition for solving the equilibrium of the model. This is because a straightforward adaptation of the basic...

This very brief note improves the paper by Lisi (2012) by removing from the model an unrealistic feature.

Studies investigating the sign of the relationship between growth and unemployment have generated opposite results. In this paper we provide a simple theoretical model where the net effect of growth on unemployment is ambiguous both in steady state and out-of steady-state.

In this article we seek to estimate the Brazilian “Okun’s law” with quarterly data ranging from 1980Q1 until 2013Q3. Considering the typical Okun's relationship, Δu=α - βΔy, where “β” is the Okun coefficient, we have obtained estimates of β between -0.1878 and -0.2055, such...

The objective of the study is to examine the relationship between unemployment rate and growth rate in selected SAARC countries over the period of 1990-2010. Data is analyzed by panel cointegration technique, Fully Modified OLS (FMOLS) and Dynamic OLS (DOLS) for estimating long-run relationship...

The objective of the study is to examine the relationship between unemployment rate and growth rate in selected SAARC countries over the period of 1990-2010. Data is analyzed by panel cointegration technique, Fully Modified OLS (FMOLS) and Dynamic OLS (DOLS) for estimating long-run relationship...

The main objective of this paper is to highlight the determinants of informal sector activity with a special focus on informal self-employment opposed to informal wage employment. For this purpose we build a theoretical framework to show the important role of education in occupational choice. To...

The main objective of this paper is to highlight the determinants of informal sector activity with a special focus on informal self-employment opposed to informal wage employment. For this purpose we build a theoretical framework to show the important role of education in occupational choice. To...