evolution of the labor share, the profit rate, the capital/output ratio, and unemployment which we examine more particularly in … the case of France appears highly supportive …

This paper starts from two sets of facts about Continental Europe.The first is the steady increase in unemployment … larger increase since the mid-1980s. The paper then develops a model of capital accumulation, unemployment and factor prices …. Using this model to look at the data, it reaches two main conclusions: The initial increase in unemployment, from the mid …

, leading in turn to higher, not lower, unemployment. And, even if unemployment comes down, workers may actually be worse off …, going through many spells of unemployment and fixed duration jobs, before obtaining a regular job. Looking at French data … substantial reduction in unemployment duration. If anything, their effect on welfare of young workers appears to have been …

Using two large US surveys, we estimate the effects of unemployment on the subjective well-being of the unemployed and … the rest of the population. For the unemployed, the non-pecuniary costs of unemployment are several times as large as … still employed, a one percentage point increase in local unemployment has an impact on well-being roughly equivalent to a …

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 …

increased government purchases crowd out private consumption? 2) do increased government purchases reduce unemployment? Farmer … also reduce unemployment …

of real shocks. Consequently, more advanced economies should have higher unemployment rates and be more prone to crisis …

unemployment rates affect the likelihood of divorce. With 89,340 observations over the 1978-2006 period for 7633 couples from the … 1979 NLSY, we find mixed evidence on whether increases in the unemployment rate lead to overall increases in the likelihood … unemployment rates …

which there are multiple equilibrium unemployment rates. The model has two equations in common with the new-Keynesian model …