unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past … (1950-2010). We show that a policy reform in one country also has an impact on labor markets in other countries when capital …

unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past … (1950-2010). We show that a policy reform in one country also has an impact on labor markets in other countries when capital …

unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetriesmay have contributed to unemployment and welfare changes in the recent past … (1950-2010). We show that a policy reform in one country also has an impact on labor markets in other countries when capital …

unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetriesmay have contributed to unemployment and welfare changes in the recent past … (1950-2010). We show that a policy reform in one country also has an impact on labor markets in other countries when capital …

and involuntary unemployment. Environmental externality is related to the consumption of a polluting output. In particular … motivated, revenue neutral tax reform. With unemployment benefits exempted from tax, we find that uncompensated increases in …

unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past … (1950-2010). We show that a policy reform in one country also has an impact on labor markets in other countries when capital …

, it reduces unemployment by exerting downward pressure on wages. This trade-off is quantitatively assessed using a … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity …

unemployment, which we calibrateon EU15 and US data. Labor market imperfections are found to significantly increase thevolume of … to investigate how demographicasymmetries may have contributed to unemployment and welfare changes in the recent past …(1950-2010). We show that a policy reform in one country also has an impact on labormarkets in other countries when capital …

unemployment, and interregional labour migration. The RHOMOLO model is parameterised by estimating the key structural parameters … assess the impact on regional labour markets. Our results confirm that wages and unemployment are by far the most important … channels of adjustment to macro-economic and policy shocks in the EU. In contrast, labour migration plays a secondary role in …

This paper outlines how regional labour market adjustments to macroeconomic and policy shocks are modelled in RHOMOLO … margin (to participate or not) and the intensive margin (hours of work). Unemployment is determined through a wage curve and …