relationship between real wages, labour productivity and unemployment. Different time series econometric tools confirm that incomes … impact of incomes policy on the weak relationship between real wages and unemployment is detected. The analysis calls for a …

they joined the establishment from unemployment. This is supportive of equal treatment. We also show that a four parameter … series properties and co-properties of real wages, output, and unemployment, in particular the asymmetric response of wages …

peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the …

and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …

Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume … jobs. This form of wage rigidity does not affect job creation and thus cannot explain the unemployment volatility puzzle …

RBC models with search unemployment and wage renegotiation generate too much wage volatility and too stable … unemployment rate. Shimer (2004) shows that it is possible to reproduce a volatility of unemployment similar to that observed in … unemployment …

with less perverse effect on unemployment. Time inconsistency is more likely due to lack of credibility than to the short …

We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage … efficient separations that holds in leading theories of job separations, frictional unemployment, and job ladders. We draw on …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …