. We develop a model of task trade that allows for equilibrium unemployment. In this model, there are two margins of … adjustment. At the extensive margin, moving tasks offshore destroys jobs. At the intensive margin, due to higher productivity of …-monotonic adjustment: Early stages of offshoring always lead to higher unemployment, while later stages may entail net job creation. We …

unemployment decreases upon offshoring in the presence of perfect intersectoral labor mobility. If, as a result, labor moves to the … sector with the lower (or equal) vacancy costs, there is an unambiguous decrease in economywide unemployment. With imperfect … intersectoral labor mobility, unemployment in the offshoring sector can rise, with an unambiguous unemployment reduction in the non …

We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect …

firm growth rates depend on firm productivity but not on firm size. Aggregate unemployment evolves endogenously …This paper identifies a data-consistent, equilibrium model of unemployment, wage dispersion, quit turnover and firm …

equate the expected urban wage (given a downward rigid real wage in the urban sector) to the real wage. Unemployment is … endogenously determined. Interpreting unemployment as damage, urban pollution (damage denoted in units of labour) can also support … the same equilibrium with the value of damage equal to the value of resources otherwise lost through unemployment. However …

We analyze the impact of product market competition on unemployment and wages, and how this depends on labour market … competition. We find that increased product market competition reduces unemployment, and that it does so more in countries with …

targeting affect unemployment, economic growth and the output gap. The results show that inflation targeting causes no harm to … employment in developing and emerging countries. On the contrary, it might reduce average unemployment and narrow the output gap …