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of unemployment and wages or wage incomes. Participation rates and migrations are also touched upon. An expectation that … equilibrium values of relative wages and rates of unemployment after a business cycle. …
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, sector division, unemployment and welfare. …
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externalities and equilibrium unemployment. Our model incorporates endogenous labor force participation and two margins of … consumption and output; a marginal increase in the unemployment and labor force participation rates; and an expansion in the … accompanied by gradual gains in output and consumption and a negligible expansion in unemployment. Critically, abstracting from …
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economies (EMEs) by building a framework with equilibrium unemployment and firm entry that incorporates key elements of the …-employment, labor participation, and unemployment. As a result, the tax generates output and welfare losses. Green technology adoption …
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This article documents a strong connection between unemployment and mental disorders using data from the Spanish … results suggest that an increase of the unemployment rate by 10 percent due to collapse of the sector raised mental disorders … faced very low chances of re-entering employment. We show that this led to long unemployment spells, hopelessness and …
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The evolution of Spanish unemployment has been quite idiosyncratic. The full-employment levels of the early seventies … were followed by unemployment rates that were the highest within the OECD countries in the aftermath of the oil price … shocks. While unemployment was extremely persistent in most of the eighties and nineties, it experienced its sharpest decline …
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