Minimum wages, global markets, unemployment …

In this paper we revisit the influential theory of monopolistic competition and optimum product variety as developed by …-Stiglitz-Krugman model. Later we reflect on wage inequality and unemployment providing some interesting results. …

"The labor markets of important OECD countries show a similar picture: high wages and low unemployment for skilled … workers and low wages but high unemployment for low-skilled workers. During the last 10 years this fact has been studied under …

between and within skill categories, as well as an increase in unemployment, especially among low-skill workers. Movements in … productivity, unemployment and inequality may thus be linked to induced overeducation and credentialism. …

In this paper we revisit the influential theory of monopolistic competition and optimum product variety as developed by …-Stiglitz-Krugman model. Later we reflect on wage inequality and unemployment providing some interesting results. …

The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … to an increased relative skill demand which is not matched by the skill supply and therefore mis-match unemployment …

for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …