and matching unemployment. We show that trend growth in itself does not generate a trade-off for the monetary authority …

unemployment that is in line with this empirical regularity and the findings for the other emerging markets and regional peers. We … European debt crisis. When investigating whether various expenditure components of GDP may cause different unemployment … improve forecasting of unemployment. …

The standard search model of unemployment predicts, under plausible assumptions about household preferences, that … disembodied technological progress leads to higher unemployment. This prediction is at odds with the experience of industrialized … model's prediction. In the presence of nominal price rigidity faster growth is shown to lead to lower unemployment if the …

How the provision of unemployment benefits affects employment and unemployment is a debated issue. In this paper, we … job market with search effort and labor force participation decisions while varying the maximum length of unemployment … effort when unemployment benefits are extended. However, individuals are more likely to participate in the labor force and to …

labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …. -- Sticky wages ; staggered Nash bargaining ; trend inflation ; unemployment ; search and matching …

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 …

We investigate the controversial issue whether unemployment is related to productivity growth in the long run, using U …. Therefore the secular decline of unemployment since the mid 1990s indeed stemmed from higher average productivity growth. The …

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

, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reservation … wages to offered wages increase rapidly with duration of unemployment; on average, reservation wages begin to exceed offered …