they joined the establishment from unemployment This is supportive of equal treatment. We also show that a four parameter … series properties and co-properties of real wages, output, and unemployment, in particular the asymmetric response of wages …

the unemployment rate in booms and expansions, as they heavily affect the autocorrelation of aggregate consumption and the …

This paper develops a model of unemployment fluctuations. The model keeps the architecture of the Barro and Grossman … flexible to completely rigid. With some price rigidity, aggregate demand influences unemployment through a simple mechanism … thus increases labor demand, which in turn reduces unemployment. We use the comparative-statistics predictions of the model …