In this paper, we use 1991-2005 panel data on the unemployed, vacancies, inflow into unemployment, and outflow from … unemployment in five former communist economies and in the western part of Germany (a benchmark western economy) to examine the … evolution of unemployment together with that of inflows into unemployment and vacancies. The comparison of the transition …

This paper examines whether a greater concentration of foreigners increases the likelihood of unemployment in local … labor markets among citizens of the European Community. It provides the results of probit equations estimating the … labor markets. The estimates show a statistically significant, but weak, negative connection between the concentration of …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth" describing the … able to work themselves out fully. In this context, monetary shocks have a gradual and delayed effect on inflation, and … these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no …

distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment … and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …

-run inflation-unemployment tradeoff. …

money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal …In this paper, I introduce money in the standard labor-matching model (Mortensen and Pissarides 1999, Pissarides 2000 … monetary growth rate decreases with the workers’ bargaining power, the level of unemployment benefits and the payroll tax rate. …

model, covering a panel of EU countries, and derives the implied long-run inflation-unemployment tradeoff. Our results …

communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …

individual's labor market productivity later in life. We consider intrauterine exposure to the month of Ramadan as a natural … administrative data from Denmark to investigate the impact of exposure to Ramadan in utero on labor market outcomes of adult Muslim … poor labor market outcomes later in life. Specifically, exposure to Ramadan in the 7th month of gestation results in a …