unemployment, which we calibrateon EU15 and US data. Labor market imperfections are found to significantly increase thevolume of … to investigate how demographicasymmetries may have contributed to unemployment and welfare changes in the recent past …(1950-2010). We show that a policy reform in one country also has an impact on labormarkets in other countries when capital …

unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past … (1950-2010). We show that a policy reform in one country also has an impact on labor markets in other countries when capital …

In-work benefits are becoming an increasingly relevant labour market policy, gradually expanding in scope and … of in-work benefits on search intensity, participation, employment, and unemployment, compared to a framework in which …

propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …. Considering Social Security policy issues, we show that the complete elimination of the implicit tax on continued activity is not …

unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the … sector with the lower (or equal) vacancy costs, there is an unambiguous decrease in economywide unemployment. With imperfect … intersectoral labor mobility, unemployment in the offshoring sector can rise, with an unambiguous unemployment reduction in the non …

In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we … construct a two sector general equilibrium model in which labor is mobile across the two sectors, and unemployment is caused by … search frictions. We find that, contrary to general perception, wage increases and sectoral unemployment decreases due to …

aggregate demand by increasing exports and reducing imports which increases production and reduces the unemployment rate in the … income for people who have already a job, while the reduction in the level of unemployment permits to some individuals to …