global financial markets enables capital owners to invest abroad, thereby fostering unemployment at the extensive industry … margin. Whether a country benefits from FDI in terms of unemployment depends on the respective country's net-FDI, measured as … the difference between in- and outward FDI. The derived FDI and unemployment nexus is tested employing macroeconomic data …

facilitates the analysis of skill-specific institutional changes. A government can influence wages and unemployment of the low … at home and abroad irrespective of their level of skill. -- FDI ; globalization ; search unemployment ; labor market …

lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …

facilitates the analysis of skill-specific institutional changes. A government can influence wages and unemployment of the low …

. In particular, I show that once markups are allowed to respond to trade liberalization, unemployment and residual wage …

sectoral employment, unemployment and wage inequality. OJS generates wage dispersion and it leads to a reallocation of workers … increase of unemployment. The dynamics of labor market variables is obtained in closed form. The model predicts overshooting at …

lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …

in line with Mortensen and Pissarides (Job Creation and Job Destruction in the Theory of Unemployment, 1994) give rise to … unemployment and a channel for the government to influence markets through institutional changes. Labor market interventions … market reforms through higher wages. Lower labor costs reduce unemployment of the low-skilled and increases the reforming …