-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …

probabilities between private and public employment, unemployment and inactivity. We examine the stocks and flows by gender, age and … unemployment rate. Public-sector employment contributes 20 percent to fluctuations in the unemployment rate in the UK, 15 percent …

This paper considers the issue of unemployment one of the most pressing issues facing the UK and other governments, as … unemployment among the young and other disadvantaged groups, is typical of past experience. The paper reviews past literature on … the causes of unemployment, arguing that the origin of the present difficulties lies with a collapse in demand rather than …

employment, unemployment and inactivity, from several angles. I examine aggregate conditional transition probabilities, job …-to-job flows, employment separations by reason, flows between inactivity and the labour force and flows by education. I decompose … contributions of job-finding and job-separation rates to fluctuations in the unemployment rate. Over the past cycle, the job …