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 …

This paper analyzes the role of labor market institutions for youth unemployment, as contrasted to total unemployment …. The empirical results are basically consistent with an insider view of labor market institutions. Labor market … institutions tend to protect (older) employees but might harm (young) entrants. Remarkable is especially the significant and very …

This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …

-related variables accounts for changes (rises) in the Okun's parameter in the US in recent decades. Accordingly, the unemployment gap is …

We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …

This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates …

supranational unemployment insurance scheme. The model is calibrated to the euro area's core and periphery and features a rich …-regional correlation of unemployment and in ation increases by up to 52% and 27%, respectively, compared to the decentralised setting. The …