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Globalization and unemployment are two phenomena which are amongst the most widely discussed subjects in the economic … debate today. Often, globalization is regarded as being responsible for the increase in unemployment, particularly in … unskilled labor. This book deals with the correlation between globalization and unemployment under various aspects: historical …
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unemployment is introduced by an exogenously given wage rate, orientating ourselves by what has been called in the literature the …
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Short-time work programs were revived by the Great Recession. To understand their operating mechanisms, we first provide a model showing that short-time work may save jobs in firms hit by strong negative revenue shocks, but not in less severely-hit firms, where hours worked are reduced, without...
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