spirit of Blanchard and Summers (1988), the model can generate multiple equilibria, with a low-quits/high-unemployment … equilibrium coexisting with a high-quits/low-unemployment equilibrium. Under weak conditions, low-unemployment equilibria Pareto … dominate high-unemployment equilibria. Mobility premia improve aggregate welfare but may increase unemployment. …

employment and wage distribution under a frictional setting. I??review new developments in search theory and discuss the … theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the effect can be … generally leads to an increase in unemployment as well. In this case, a social planner faces a trade off between redistribution …

employment and wage distribution under a frictional setting. I??review new developments in search theory and discuss the … theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the effect can be … generally leads to an increase in unemployment as well. In this case, a social planner faces a trade off between redistribution …

setting. I review new developments in search theory and discuss the influence of minimum wages on wages and employment under … heterogenous case theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the … market, seem to support the hypothesis that an increase in the minimum wage generally leads to an increase in unemployment as …

This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis is that … unemployment based on Sudan Central Bureau of Statistics 2010 the Fifth Sudan Population and Housing Census 2008. We explain …, participation rates, economic activities, low skill level and high unemployment rate defined by gender and mode of living in Sudan …

the modern theory of unemployment. I write down an unobserved components model and identify the cyclical and trend …This paper proposes an empirical method for estimating a long-run trend for the unemployment rate that is grounded in … components of the underlying unemployment flows, which in turn imply a time varying estimate of the unemployment trend, the …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negativelysloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

unemployment and its underlying duration distribution. We develop an analytically and computationally tractable stochastic … equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and … reallocation unemployment. We document new evidence on unemployed workers’ gross occupational mobility and use it to calibrate the …

We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …