The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as …

in NAIRU but do not appear as promising explanations of the events of the early 1990s. The fall in unemployment in the …By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several …

As a bottom-up approach, a Job Guarantee policy can tackle the issue of unemployment on the macroeconomic …

1985-2012. The NAIRU is a poor proxy for 'structural unemployment': Labor market institutions - employment protection …This paper analyzes the determinants of the European Commission's NAIRU estimates for 14 European OECD countries during … legislation, union density, tax wedge, minimum wages - underperform in explaining the NAIRU, while cyclical variables - capital …

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 …

some countries and sectors, our results point to a negative link between employment growth, the unemployment benefit …