We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …

mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …

pay and the local unemployment rate - in modern U.S. data. Consistent with recent evidence from more than 40 other …'s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of … job-finding is lower in states with higher unemployment, and (iii) employees are less happy in states that have higher …

US to the worst recession the world has witnessed for over six decades. Through an in-depth review of the crisis in terms … suggested, while at the same time the majority of the world's poor had benefited insufficiently from stronger economic growth … collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences …

known institutional characteristics. In general, subjective employment insecurity tracks the unemployment rate. …

This paper is concerned with the study of the labor market performance of immigrants. The unemployment rate is used as …, probit regressions on the unemployment probabilities are estimated for the pooled crosssection of 1991 and 1995, taking into … account nationality- and gender-specific differences. In a second step, and based on the finding that unemployment rates …

unemployment rates, are more likely to be self-employed and tend to earn lower wages. These disparities do not appear to be …

consistent with real world observations, and thus provide a new explanation for weak environmental policy performance. …