. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

provides a theory of job-to-job transitions that are associated with voluntary or involuntary mobility and with wage rises or …

, directly from employer to employer as well as indirectly via an unemployment spell. In addition they are more likely to change …

have higher wage dispersion. We also examine the relationship between unemployment benefits and job search. …

In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and … fairness considerations. We find that a binding fair-wage constraint increases the unskilled unemployment rate and can at the … same time lead to a higher unemployment rate for skilled workers, as compared to an equilibrium where fairness …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …