recovered but unemployment lingered). This paper presents a model that captures these three facts. The key elements of the model …

Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard … develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment … housing costs, and lower unemployment rates. Although workers can move freely to arbitrage away differences in expected …

In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we … construct a two sector general equilibrium model in which labor is mobile across the two sectors, and unemployment is caused by … search frictions. We find that, contrary to general perception, wage increases and sectoral unemployment decreases due to …

This paper analyzes the effects of environmental policy on employment (and unemployment) using a new general … unemployment) is small, even in the short run. An environmental performance standard causes a substantially smaller sectoral shift …

identification strategies used, critically assess strengths and weaknesses, discuss connections with theory, and draw out potential …

We study the incidence of pollution taxes and their impact on unemployment in an analytical general equilibrium … efficiency wage model. We find closed-form solutions for the effect of a pollution tax on unemployment, factor prices, and output …

theory of contract. Finally, the empirical literature on employment and labor law is reviewed. I conclude that many aspects … of employment law are consistent with the economic theory of contract - namely, that contracts are written and enforced …

for this economy, thereby obtaining a theory of endogenous growth that captures in a tractable way the social nature of …