general equilibrium model that integrates a theory of equilibrium unemployment into a monetary model with nominal price … application of the minimum distance estimation. The estimated model can explain the cyclical behavior of employment, hours per …

This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment … European unemployment rates observed during the seventies. The explanation given is that even if the unemployment rate would … job creation remains low making the return to a low unemployment rate impossible. The paper shows that in some cases …

entire life courses. In recent years, labour market uncertainty and comparatively high unemployment rates have been major … benefit more strongly than women from these factors. A stricter employment protection legislation results in a slower …

The Lisbon strategy could reinvigorate Europeu0092s economy and boost employment. In 2000 the European leaders agreed … to stimulate economic growth and employment and make Europeu0092s economy the most competitive in the world. If Europe … would really reach the goals they set, Europeu0092s Gross Domestic Product could increase by 12% to 23% and employment by …

On the face of it, Austria’s labour market performs very well, which is reflected in one of the lowest unemployment … rates in the EU. However, while many of the euro area members have recently succeeded in reducing unemployment, the Austrian …. In addition the unemployment statistics are distorted by the relatively low labour force participation of older workers …

feature of the Finnish economy compared with that of Sweden and Denmark is the higher level of unemployment. In the early 1990 … adapt. The spectacular recovery of the Finnish economy has pushed up labour demand. While unemployment has fallen back from …, even in the face of strong employment growth. …

[...] this report will show the value of the jobs approach in analysing the changing structure of employment in the two …