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 …

In this paper Markus Knell studies the determinants of unemployment in a two-country- model, where real wages are the … monetary union (MU) will (negatively) affect unemployment in all member countries by fundamentally changing the nature of … whatsoever on structural unemployment. …

ethnocentrism, social issues and deindustrialization as potential answers. We highlight the role played by the 1994 North American …

Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …