This paper presents a general-equilibrium model of Innovation, endogenous growth, and unemployment in a disaggregated … economy. Unemployment is analyzed w ithin a dual labor market setting, where the labor market is consisting of a primary high … the economy's growth rate and the equilibrium unemployment rate. It can be shown in comparative static analyses, that the …

Whereas the standard modern theories of unemployment were developed in the context of a single sector labour market … economies are discussed. It is shown that dual labour market theory is an important contribution to understanding unemployment …

occupation when unemployment is high, if ex ante anticipation of draconic dismissal protection by employers causes low occupation … underlying the model shows that relaxing dismissal protection can make contribution to decrease unemployment under certain …

unemployment in a disaggregated economy. We simultaneously endogenise both the direction and pace of technological change as well … as the unemployment rates. We show that an increase in the supply of high-skilled labour can explain skilled …-biased technological change, a reduction in high-skilled unemployment and a rise in the high-skilled wage differential. In accordance with …

Recent empirical work has shown that there exists a negative relation between wages and unemployment estimated across …. In setting wages firms perceive their influenae on the wage-unemployment trade-off, thus taking the employment decisions … specialised labour, workers receive higher wages and face lower unemployment. …