effect of trade liberalization between two identical economies on unemployment. I solve for two versions of the growth model … versions trade liberalization has a steady state effect on unemployment that can be either negative or positive depending on …

reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …

renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …

stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment … the rise in trend unemployment in Germany in the 1980s or for a possible rise in trend unemployment in the United States …

measure construction and technology busts) have little effect on the natural rate of unemployment or on long run productivity … of unemployment and can count for a 0.5% rise in cyclical unemployment from 2007 through the end of 2009 and 0.3% through …

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 …

relative wage of the skilled. Increasing unemployment results only for a restrictive assumption about labor market rigidities. …

. We construct a simple, dynamic model of hiring and separations, derived from microfoundations, and calibrate it with …