unemployment. We show that the incentive power of the equilibrium wage contract is constrained socially efficient in the absence of … unemployment benefits. We then apply the model to explain the recent increase in performance-pay contracts. Within our model, this … factors is an increase in the equilibrium unemployment rate. …

High rates of unemployment entail substantial costs to the working population interms of reduced subjective well … individual panel data for Germany andrepeated cross-sectional data for the United States and the European Union show that … thesensitivity of subjective well-being to fluctuations in unemployment rates is much lower in thepublic sector than in the private …

In this Manifesto, we make a set of proposals to fight unemployment in the EU. We believe that the European … unemployment problem needs to be attacked on two fronts: through a broad spectrum of supply-side policies and the demand management …-side measures are also taken, demand expansion can result in more inflation instead of more employment, because of the mismatch …

In this Manifesto, we make a set of proposals to fight unemployment in the EU. We believe that the European … unemployment problem needs to be attacked on two fronts: through a broad spectrum of supply-side policies and the demand management …-side measures are also taken, demand expansion can result in more inflation instead of more employment, because of the mismatch …

In this paper we focus on the impact of involuntary unemployment on wage formation using experimental evidence. We use … twofold: on the one hand, we are interested in analyzing the relation between involuntary unemployment and wages; on the other … results show that unemployment has a negative impact on wages. Moreover, there is a positive correlation between wage and …

unemployment. Moreover, the wage sweep-ups caused by nominal rigidity are strongly correlated with unemployment suggesting that … downward rigidity of nominal wages indeed contributes to unemployment. …

reciprocal relationship. The variable considered are: unemployment, inflation, consumptions, investments and current accounts. We … between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test for the … relationship between unemployment and the Government deficit, e) we show the existence of a relationship between unemployment and …