Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …

Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by …

It is commonplace in the debate on Germany?s labor market problems to argue that high unemployment and low wage … dispersion are related. This paper analyses the relationship between unemployment and residual wage dispersion for individuals … unemployment. A competing view regards wage dispersion as the outcome of search frictions and the associated monopsony power of the …

the Beveridge curve in Austria. We find empirical evidence to confirm that the increase in the unemployment rate in …

considered an adequate policy to reduce unemployment. From the perspective of economic theory the outcome is in general ambiguous …