‐term effects for the displaced shipyard workers and miners. They have higher employment, not higher unemployment, and higher … labour market policy addressing displacement in the long term.  …

travel and tourism sector has great potential to reduce the unemployment and underemployment of young GCC citizens despite …

large number of competitive firms produce a homogeneous output good. Involuntary unemployment arises from a too high and … a profit tax. These favorable effects persist even if between‐firm displacement effects are taken into account. Research …. Originality/value – The paper provides a novel approach to model the between‐firm displacement effects of marginal wage subsidies …

less developed area in Greece (the north‐western region of Epirus), where unemployment has severe detrimental repercussions … for incidental truncation, in order to show that the duration of the prior unemployment spell negatively affects the … duration of the current employment spell and vice versa, which highlights the phenomenon of an “unemployment trap”. Furthermore …

Purpose – This paper aims to provide an account of the unemployment performance of two Nordic countries during their … conduct dynamic simulation exercises and explore the determinants of unemployment. Findings – The analysis yields two main … findings. First, the capital stock was the most important determinant of the unemployment trajectory in both countries. This …

The analysis of the processes determining unemployment in an open economy has been considerably advanced by the work of … Layard, Nickell and Jackman in their book Unemployment: Macroeconomic Performance and the Labour Market . Reviews their … does, then a change in the real exchange rate may change the equilibrium level of unemployment. It is frequently claimed …

role of real interest rates in unemployment models, the importance of the trade balance and related constraints in open … economy models and the uniqueness and stability of unemployment equilibria.  …

Hysteresis is one of the main concepts used in Layard, Nickell and Jackman′s book, Unemployment: Macroeconomic …