frictions characterized by employment loss and employment opportunity arrival shocks. We argue that it is able to account for … shocks play a key role in allowing the model to match the persistence of the employment and out of the labor force states …

results by replicating leading studies using Canadian data and relate our findings to important literatures on recall non-employment …

This paper studies the employment, productivity and welfare implications of new Chinese labor regulations intended to … protect workers' employment conditions. We estimate a general equilibrium model of costly labor adjustment from data prior to … payments lead to a sizable increase in firm size, lower aggregate employment, a significant reduction in labor reallocation, an …

replicating the observed levels of volatility of unemployment and other key variables. I take variations in productivity growth … market are essential for understanding the volatility of unemployment. These models include simple equilibrium wage … stickiness, where the sticky wage is an equilibrium selection rule. A second model based on modern bargaining theory delivers a …

This paper analyzes the effects of environmental policy on employment (and unemployment) using a new general …-equilibrium two-sector search model. We find that imposing a pollution tax causes substantial reductions in employment in the … regulated (polluting) industry, but this is offset by increased employment in the unregulated (nonpolluting) sector. Thus the …

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 …

of its effect on employment and unemployment. Our discussion of the theory emphasizes recent work using two-sector and … heterogeneous-worker models. We then summarize and evaluate the large literature on employment and unemployment effects of the … minimum on teenagers. Finally, we survey the evidence of the effect of the minimum wage on adult employment, and on employment …

states of employment, unemployment, and non-participation. The determinants of actual household transitions are then … investigated using continuous employment histories for a sample of low-income families. Simulations using the estimated transition … functions show that increased unemployment among married men has a sizeable short-run effect on both participation and …

. Likewise, most spells of employment end with labor force withdrawal rather than unemployment. Second, traditional estimates of …This paper challenges conventional views of unemployment. Its results suggest that failure to examine closely labor … force transitions has led to a misleading picture of unemployment and the way the labor market functions in general. There …

We develop a model of self-sustaining discrimination in wages, coupled with higher unemployment and shorter employment …