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 …

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 …

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 …-for-dollar, while European unemployment rises one-for-one. We consider a stylized game of the choice of factor market institutions …

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

labor markets. We find that workers age 62 to 69 are responsive to the unemployment rate and to long-run fluctuations in … the rising unemployment rate will be almost 50 percent larger than the decrease in retirement brought about by the stock …

not harmed either employment or GDP. Even unemployment benefits do not have robustly negative effects …

The unemployment rate in the euro area appears to contain a significant nonstationary component, suggesting that some … Keynesian model with unemployment, and assess their empirical relevance …

European unemployment is widely regarded as a problem of excessive real wages. This view as it is usually expressed …

surprising miracle occurred the leaver nations are alleged to have enjoyed a burst of real growth and a decline in unemployment … pronounced if it were not for quiescent wage rates, which the paper attributes to high unemployment. The absence of any …