employment status affects both the level and the persistence of unemployment and numerically that these effects are substantial … to explain the high and persistent European unemployment. …

employment status affects both the level and the persistence of unemployment and numerically that these effects are substantial … to explain the high and persistent European unemployment. …

job applicants by employment status affects both the level and the persistence of unemployment and numerically that these ….) could potentially help to explain the high and persistent unemployment in Europe. …

This paper investigates the consequences of skill loss as a result of unemployment in an efficiency wage model with …, this will result in a lengthy adjustment process with substantial long run unemployment effects. Moreover, the model is …

unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …

We introduce dynamic incentive contracts into a model of unemployment dynamics and present three results. First, wage … cyclicality from incentives does not dampen unemployment dynamics: the response of unemployment to shocks is first … cyclicality from bargaining dampens unemployment dynamics through the standard mechanism. Third, our calibrated model suggests 46 …

properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployment and of jobs out of the market (the ‘job destruction’ flow). Steady-state equilibrium is at the point where the two …

According to the standard union bargaining model, unemployment benefits should have big effects on wages, but product … aggregate data for the Nordic countries. Wages are found to depend on unemployment and the replacement ratio, but also on …