unemployment and maximum employment approaches; and the unfilled vacancies perspective. Furthermore, we provide and discuss …

We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …

of jobs. In case of long-term massiv e unemployment, there is also an option for introduction of universal basi c income …

the help of a VAR-Model we can analyze interdependencies between the business cycle, STC and unemployment, finding …