. If unemployment appears, however, home employment and consumption per capita decrease. …

economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … demand and supply shocks are opposite to those of the standard case and result in a co-movement of unemployment and … explain movements of unemployment and underemployment in opposite directions. Finally, we show that uctuations in the total …

. If unemployment appears, however, home employment and consumption per capita decrease. …

economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … demand and supply shocks are opposite to those of the standard case and result in a co-movement of unemployment and … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total …

capable of dealing with both full employment and secular unemployment. The model is then utilized to examine the effect of a … expense of the foreign country. These results however are reversed in the presence of unemployment in both countries. We also …

This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local … political jurisdictions. Local contrasts across the language border identify the role of culture for unemployment. Our findings … indicate that differences in culture explain differences in unemployment duration on the order of 20 %. Moreover, we find that …

This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local … political jurisdictions. Local contrasts across the language border identify the role of culture for unemployment. Our findings … indicate that differences in culture explain differences in unemployment duration on the order of 20%. Moreover, we find that …

This paper studies the role of culture in shaping unemployment outcomes. The empir- ical analysis is based on local … political jurisdictions. Local contrasts across the language border identify the role of culture for unemployment. Our findings … indicate that differences in culture explain differences in unemployment dura- tion on the order of 20 %. Moreover, we find …

the labor force and almost doubles the unemployment risk. The financial effects of health shocks are small on average and …