In the presence of downwardly rigid nominal wages, low inflation may lead to higher equilibrium unemployment by …Bei Vorliegen nach unten starrer Nominallöhne erschwert niedrige Inflation Reallohnanpassungen und führt so … möglicherweise zu erhöhter gleichgewichtiger Arbeitslosigkeit. Dieser Aufsatz analysiert die wachsende Evidenz zu nach unten starren …

We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …

We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and …

Job security provisions are commonly invoked to explain the high and persistent European unemployment rates. This … both its unemployment and its share of fixed-term employment are the highest. We find that fixedterm contracts increase … unemployment, reduce output, and raise productivity. The welfare effects are ambiguous. …

little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …

unemployment. We show that aggregate unemployment decreases for uneven technical change in the case of Cobb-Douglas production … leading to a rise in unemployment. Moreover, we identify polar cases when unemployment strongly decreases. …

This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to …

money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal … monetary growth rate decreases with the workers' bargaining power, the level of unemployment benefits and the payroll tax rate. …

This paper compares models used to explain OECD unemployment. The models suggest that the ?natural rate of unemployment …

increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …