Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …

expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime …

expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

security system in an economy with unemployment caused by trade unions. Using a simple two-period overlapping generations …

einer geringen Qualifikation behindert und zum Anstieg der Arbeitslosigkeit beigetragen. … percent). Thus, the incentives to work are strongly impaired. The downward adjustment of wages for low skilled workers was … impeded by the system of social assistance. As a consequence, unemployment increased. …

Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and … the quality of the work found by the unemployed. This quality rise, in terms of both wages and duration, can be achieved …

workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …