Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … 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 … 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 … 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 … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

one very well-known differential - the Catholic/ Protestant unemployment differential in Northern Ireland - has largely … signing of the Good Friday Agreement, the introduction of fair employment legislation, growth in hidden unemployment, and …

We estimate a New Keynesian model with matching frictions and nominal wage rigidities on UK data. We are able to … study the transmission mechanism. With matching frictions, wage rigidities have limited effect on inflation dynamics …, despite improving the empirical performance of the model. The reason is that with matching frictions, marginal costs depend on …

We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …

Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The … BECRU is the level of unemployment that minimises the non-productive use of labour. Based on a novel dataset for the period …. The European unemployment problem emerged in the 1980s and 1990s, as Beveridgean full employment gaps increased. In the …