EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics … destruction effect is stronger, thus raising the unemployment rate. …

flexibility with state-provided unemployment insurance and can be applied only to new entrants in the market without affecting the …

trap if unemployment lowers household wealth below the cost of skills acquisition. …

This paper develops a general equilibrium model with unemployment and noncooperative wage determination to analyze the … and unemployment but increases vacancies. Additionally, the model explains the average level of unemployment insurance …

Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment …

The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting … effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment … unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not …

market flows on wage formation as an alternative to the traditional specification of wage equations in which unemployment …

methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high-unemployment …

using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that …