This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral … reductions in labor market frictions increase a country's welfare, can raise or reduce its unemployment rate, yet always hurt the …

. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …

and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP …, consumption, and investment, with annual data on unemployment flows. Parameters and shocks are estimated separately for each … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …

poor labor market to a better labor market. We find that modifications raise the unemployment rate by about 0.5 percentage … individuals losing skills as unemployment duration is longer …

This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the … determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural … unemployment over time, finding that they are caused by contractions in aggregate demand. These demand contractions result from …

This paper develops a rational expectations model with multiple equilibrium unemployment rates where the price of … a permanent reduction in wealth and consumption and a permanent increase in the unemployment rate. My work suggests that …

This paper surveys recent research on employment and unemployment in the 1930s. Unlike earlier studies that tended to … dispute the view that representative-agent models are useful for interpreting shifts in employment and unemployment over the …

-for-dollar, while European unemployment rises one-for-one. We consider a stylized game of the choice of factor market institutions … autarky to free trade doubles the European unemployment rate, while it raises the American unskilled wage to the high European … level. Entry of the unskilled South to world markets raises unemployment in Europe. But Europe's commitment to the high wage …

-market recovery from financial crises is characterized by either higher unemployment ("jobless recovery") or a lower real wage …