U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework … modelling involuntary unemployment, thus applicable to the German case.Moreover, despite the clearcut implications of the flip …-side hypothesis, involuntary unemployment also concerns the case ofthe U.S., where at least in the shorter run unemployment always …

This work analyzes the saving and consumption behavior of agents faced with the possibility of unemployment in a … uses Markov probabilities where the probability for the next employment status of the agent depends on the current status …Diese Arbeit modelliert das Spar- und Konsumverhalten von Individuen in Deutschland mit einem Lebenszyklusmodell. Dabei …

employment is ambiguous in the model. Simulations show that there are cases when reduction of the unemployment benefits … unemployed worker finds a job or not, but is observed only if a worker fails to find employment.It is shown that changes in the … the one hand, lower reservation wages reduce unemployment duration, but on the other hand, agents have shorter spells of …

This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the … these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff …

. However, depending upon the relative tightness of the local labour market (reflected in the rates of hiring and unemployment …. The significance of quits, hires, and unemployment are explored, in an attempt to explain differential urban wage …

This paper explores the effects of unemployment on the school enrolment decisions. A few studies that have taken up … enrolment decision that is capable of explaining these results in a unified manner. In this model, unemployment affects the …

reduces the chances of employment and unemployment and increases the likelihood downtime. Per capita income is positively … related with the likelihood of downtime and employee and negatively with unemployment. The variable experience and schooling … likelihood of unemployment. Regarding the likelihood of unemployment, there is evidence of the existence of racial discrimination …

the 1990-2004 period affect unemployment as well as the employment and average wages of workers in different sectors of … the average wage and a reduction in employment of -0.46%. There is evidence that increases in the private sector minimum … minimum wage may increase unemployment (although the estimates arenot robust). There are no discernable effects of minimum …