composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …

, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … of the labor force. Second, it rationalizes several empirical works on the definition of unemployment in labor force …

for equilibrium unemployment in an economy with product and labour market imperfections. We show that intensified product … market competition will reduce equilibrium unemployment, whereas the effect of increased capital intensity is more complex …. Higher capital intensity will decrease the equilibrium unemployment when the elasticity of substitution between capital and …

We investigate the role of spatial frictions in search equilibrium unemployment. For that, we develop a model of the … interaction between land and labor markets, and decompose the equilibrium unemployment rate into two parts: a pure non-spatial one …

We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment … reduce equilibrium unemployment of low-skilled workers both in the presence and absence of labor taxation. In the presence of … outsourcing, wage tax, tax exemption and payroll tax have an ambiguous effect on equilibrium unemployment. Increasing the degree …