unemployment, employment by sector, vulnerable employment, labour productivity and working poverty. They also analyse country …

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory … generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise …-run unemployment over the 1980s and its rise during the late 2000s …

We propose a theory of low-frequency movements in unemployment based on downward real wage rigidities. The theory … generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise …-run unemployment over the 1980s and its rise during the late 2000s …

The paper presents a new empirical regularity between the volatility of productivity growth and long-run unemployment … shown to have the potential to rationalize this finding. The model tends to fit U.S. long-run unemployment better than a …

The paper presents a new empirical regularity between the volatility of productivity growth and long-run unemployment … shown to have the potential to rationalize this finding. The model tends to fit U.S. long-run unemployment better than a …

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory … generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise …-run unemployment over the 1980s and its rise during the late 2000s …