The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …

The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …

business background (CEO governors), focusing on income growth, unemployment, private investment, and income inequality … private capital stock, and a 0.6 percentage points lower unemployment rate than are the tenures of non-CEO governors. Income …

and matching unemployment. We show that trend growth in itself does not generate a trade-off for the monetary authority …

I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces … that deliver a constant steady state unemployment rate in this setting. Labor-saving technical change increases … unemployment, which lowers wages and creates incentives for future investment in labor-using technologies. In the long run, this …

To the layman, the upward trend in European unemployment is related to the slowdown in economic growth. We argue that … the layman's view is correct. The increase in European unemployment and the slowdown in economic growth are related … thus creates unemployment. Second, as firms substitute capital for labor, the marginal product of capital falls; over long …

This volume challenges the view that unemployment is exclusively determined by structural characteristics of the labour …

-up in terms of productivity but also a J-curve shape of output growth accompanied by an increase in unemployment on a large … and jobs, the model reproduces the pattern of productivity, growth and unemployment that we find in the CEE countries …. -- catching-up ; growth ; unemployment ; technological change ; transition economies …