This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in … unemployment or European inflation; there would also be an explosion of European government purchases and an implosion of the … Europe. In that case, monetary and fiscal interaction would cause widespread oscillations in European unemployment and …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …

, unemployment rates, and wages in fixed-effects regressions which effectively use changes in these indicators over time within … the response to unemployment shocks in these economies. In India, the unemployment rate does not seem to be a reliable …