reactiveness of inflation to the unemployment rate. In regard to a monetary union, the national unemployment multiplier in the …

Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits … of efficiency wages, the model allows for an endogenous determination of unemployment. The main findings are that … unemployment and wage inequality will increase due to the MFA phase out, and that a deeper integration with the EU can soften the …

unemployment and wages. It is thus often seen as a refutation of the Harris-Todaro model, who point to a positive relationship … the agglomeration of economic activity is associated with higher unemployment and why controls for agglomeration should be …

value-added can raise unemployment. …

determinants of labour productivity. Such models have the ability to account for unemployment, but they are not able to explain the …

In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We …

equities, we examine equilibrium unemployment. While a mechanism of an efficiency wage brings about nominal wage rigidity …, unemployment occurring in our model definitely has Keynesian features. For instance, a reduction in wages rather enhances … unemployment through a decrease in consumption. In addition, our paper shows a possibility of Pareto improvement through an …

This paper studies the role of unemployment insurance in a sticky-price model that features an efficiency-wage view of …

account for only a very small part of the recent increase in Taiwan's unemployment level. …

In order to alleviate unemployment it is often recommended to reduce social security contributions (SSC) and to … compensate for the ensuing loss in revenues by a rise in the value-added tax (VAT). Assuming unemployment to be caused by … neutralized, for example, by imposing a constant wedge, the employment impact will depend on the nature of the unemployment …