. Empirical results concerning Europe and selected other industrial countries reveal that the cyclical link between unemployment …

This paper builds upon Hoon and Phelps (1992, 1997) to ask how much of the evolution of the unemployment rate over … the evolution of unemployment rates in Europe as it recovered from the second world war and caught up technologically to …) and that saw its unemployment rate go down from double-digit levels in the early 1960's to the low 2 to 3 percent in the …

OECD unemployment rates show long swings which dominate shorter business cycle components and these long swings show a … unemployment by the first principal component. This factor has a natural interpretation as a measure of global expected returns … estimate a model of unemployment adjustment, which allows for the influence both of the global factor and of labour market …

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …

quickly bring down unemployment and increase GDP significantly. Even former labor market insidersʺ would gain as net wages … increase due to falling unemployment insurance contributions. …

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

of time. The size of the vouchers increases with the duration of unemployment as well as with the qualification and … of unemployment durations and qualifications. We develop a simple formula to calculate the size of the voucher depending … on the new wage, the duration of unemployment and the subsequent employment duration. …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …-over effects of labor market institutions ; unemployment ; international trade ; search frictions ; heterogeneous firms …