This paper introduces the age structure of the population into the analysis of medium term unemployment swings. We … incorporate age-related features into the Shapiro-Stiglitz shirking model and find that the observed age pattern of unemployment … particular the ageing of the baby-boom generation - has caused OECD wide unemployment to be 50 basis points lower than what it …

Should monetary policy offset the effects of labor supply shocks on inflation and the output gap? Canonical New … wage growth, which entails a period of higher inflation and a positive output gap. A welfare analysis of policy rules shows …

achievement of plausible target unemployment rates, disaggregated by age and gender. Second, we analyze the job creation needs … coming decades. Overall, shifting demographics, changing labor force participation rates, reductions in unemployment to the …

their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …

their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …

their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to … impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the German …

standard model of equilibrium unemployment and search in the labor market by the distinction between age specific separation … to this, the unemployment rate in Germany and Japan will rise as a consequence of the increase in the share of elderly … workers. -- Vacancies and Separations ; Unemployment ; Job Creation ; Aging of the Labor Force ; Demographic Change …

Although the size of the labor force is nearly acyclical, worker flows between employment and unemployment on the one … paper lays out a job-search model to uncover the determinants of worker flows between employment, unemployment and … probability to move from inactivity into unemployment. Second, high-productivity workers who are less likely to drop from the …