There has been a long discussion about the employment impact of minimum wages and this discussion has recently been … any direction. As an alternative, a Post Keynesian twosector model including an employment market is presented here. Its … most likely prediction of a negligible employment effect and a sectoral shift is tested against the German case of an …

employment and unemployment. However, it can be seriously misleading to ignore the interrelated behavior of hours worked ….Work hours can be altered relatively speedily and flexibly, and this strongly relates to employment, labor productivity, and … unemployment outcomes. The hours–employment distinction is especially important in the evaluation of the performances of European …

The responses of working hours and employment levels to temporary negative demand shocks like those caused by the Great …

-Kaleckian tradition to predict the dynamics of aggregate employment. The model for the demand regime is estimated with - and Baumol …'s model for the productivity regime is calibrated on - OECD data. The trajectory for employment predicted by the combination … of the two models tracks the actual employment dynamics in the OECD over the period 1970-2010 remarkably well. …