unemployment and debt. The paper illustrates in a downside scenario, how low potential growth and crisis legacies leave the euro …

that if annual GDP growth averages 7 percent and the employment elasticity is one-half, urban unemployment could double to …

employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy …

unemployment or faster growth. Weak output growth after such a cost shock is somewhat puzzling and has led some to question the … structurally slower real wage growth, that is, ""wage moderation,"" does raise output growth and lower unemployment rates. However … output and employment …

lead to unemployment surges, as firms are forced to cut costs when financing becomes expensive or is no longer available …. As a result, all countries with risk premium shocks saw unemployment surge, even as euro area core countries managed to … contain unemployment as firms hoarded labor during the downturn. Most striking, wage bills in euro area crisis countries and …

particular the regional dimension of the European unemployment problem. The authors argue that the inability of labor markets to …

This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the … firm-level dataset to examine the impact of import competition on employment, wages, and firm performance, as well as the … industries, import competition actually strengthens employment growth. In addition, import competition tends to improve average …