Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

The relationship between wages, prices, productivity, inflation, and unemployment in Italy, Poland, and the UK between …

determination of unemployment and wages in Germany and the U.K. Underlying this proposition is the notion that capital accumulation … dramatic rise in unemployment in the 1980s was attributed to adverse supply shocks. However, after the reversal of the shocks …, unemployment persisted which some economists explained by resorting to inflexibilities in the labor markets. It is worth noting …

calibrated. The model is used to look at possible explanations for the recent sharp decline in the UK working-age unemployment … different shocks considered, the most plausible combination consists of a significant reduction in unemployment benefits … would not have produced an increase in aggregate wage pressure …

of money wage determination and unemployment by incorporating non-linearities in the relationship. There are various …The persistence of high unemployment has been one of the most puzzling developments of the past twenty years or so. In … the UK, unemployment averaged 2.1% between 1966 and 1973, and since 1974 it has risen to an average of 7.5%. The …

unemployment that is in line with other emerging markets and regional peers. We also find that the relationship has been somewhat … components of GDP may cause different unemployment reactions, an important issue that has not been sufficiently addressed in the …