European regions have experienced a polarisation of their unemployment rates between 1986 and 1996, as regions with …

Average unemployment in Europe today is relatively high compared with OECD countries outside Europe. The majority of … countries in Europe today have lower unemployment than any OECD country outside Europe, including the US. These two fa cts are …), have very high unemployment and most of the rest have comparatively low unemployment. This variability is highly …

allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …

finds equivocal effects on other aggregate outcomes, such as employment and unemployment. Given weaknesses in the …

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

We study the response of domestic unemployment rates to shocks in total factor productivity for economies with high … by developed nations in the last twenty years, substantially amplify the impact on the domestic unemployment rate of …

becoming unemployed, the costs of unemployment in terms of real wages losses and the probability that the continuously employed …

I develop a New Keynesian model in which a type of government multiplier doubles when unemployment rises from 5 percent … unemployment is high, the increase in tightness and resulting crowding-out are small. …

This paper is concerned with the relationship between wages and unemployment. Using UK regions and individuals as the … unemployment and wages or wage changes? Second, can we identify the relationship completely by looking at regional wages and … regional unemployment or do regional wages depend on aggregate unemployment as well? Third, are wages influenced only by the …

creation in the private sector and unemployment. We also show that long-term unemployment depends on current and past values of … short-term unemployment and that this path-dependence fades away as soon as we reach time t-3. We interpret this result as …