successfully to the knowledge economy. Such adaptation is not automatic, however. Rather, it depends on the willingness of key … changed fundamentally, primarily because of technological change. Adaptation to the needs of the knowledge economy is thus …

targeting affect unemployment, economic growth and the output gap. The results show that inflation targeting causes no harm to … employment in developing and emerging countries. On the contrary, it might reduce average unemployment and narrow the output gap …

explaining the deviations of household inflation and unemployment expectations from the rational expectations benchmark …

overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after …

endogenous unemployment and wages. This means that the government needs to consider the effects on wages and unemployment when … designing the optimal tax function. The tax systems' effects on the wage formation and the unemployment rates result in new … marginal tax rates to raise the unemployment rate for the high-skilled and lower it for the low-skilled workers. …