The long-term equilibrium unemployment rate has returned to the center of the economic debate in France. It derives … compute a long-term equilibrium unemployment rate that depends, in France, on the terms of trade, the employer social …

United States, which include a labour market matching model à la Diamond, Mortensen and Pissarides. The comparison of the …

. Thus, such reforms are not sufficient by themselves to reduce the unemployment rate and to stimulate production and …