institutions for the modern global economy. These outdated institutions both raise unemployment and lower growth rates. The truth … of propositions such as these depends on which labor market institutions really are bad for unemployment and growth, and …

We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in …

cost being high and persistent unemployment. This paper develops an economy with an endogenously expanding service sector …, where the constant flow of workers in and out of employment relation leads to structural unemployment. The main finding is … that the level of unemployment is different between the initial period and the long-run equilibrium growth path, and that …

Diamond (1994) that an individual?s probability of leaving unemployment decreases with unemployment duration and increases …

unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that … growth on unemployment. Our quantitative analysis shows that our model increases the magnitude of the negative impact of …