, 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 …

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

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

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

einer geringen Qualifikation behindert und zum Anstieg der Arbeitslosigkeit beigetragen. … impeded by the system of social assistance. As a consequence, unemployment increased. …

labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great … aggregate demand raises unemployment and the training costs associated with skill obsolescence. Lower employment hinders …

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 …

This paper indicates that East Germany's unemployment originates primarily in the labor market, caused by the fast wage … traps. -- Unemployment ; labor market trap ; East Germany …