This paper provides a critique of the ?unemployment invariance hypothesis,? according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …

We analyse the moderating effect of trade unions on industrial employment and unemployment in countries facing exposure … the industry sector employment of young and low-educated workers. We also show that the unemployment rates for low … countries, low-educated unemployment declines with robot exposure but from a higher starting point. Our results point to unions …

-up in terms of productivity but also a J-curve shape of output growth accompanied by an increase in unemployment on a large … and jobs, the model reproduces the pattern of productivity, growth and unemployment that we find in the CEE countries. …

This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and … the equilibrating mechanisms to ensure unemployment invariance; in particular, other markets may perform part of the …

on the job finding rate but we find mixed effects in terms of post-unemployment wages. …

probability of not-working (unemployment). In terms of selection into specific sectors, the results suggest both labour markets …