unemployment. We show that aggregate unemployment decreases for uneven technical change in the case of Cobb-Douglas production … leading to a rise in unemployment. Moreover, we identify polar cases when unemployment strongly decreases. …

downward rigidity, and magnifying the response of unemployment to negative shocks. We also consider layoffs and show that for a …

labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great … aggregate demand raises unemployment and the training costs associated with skill obsolescence. Lower employment hinders …

labor market and skill obsolescence from long-term unemployment. The model can account for key features of the Great … aggregate demand raises unemployment and the training costs associated with skill obsolescence. Lower employment hinders …

by investments in R&D performed in the high-wage sector. Unemployment is determined by the costs and benefits of waiting … for a high-paid job. The wage structure, growth, and unemployment are shown to depend on the way effort is extracted. …

We analyse the moderating effect of trade unions on industrial employment and unemployment in countries facing exposure … the industry sector employment of young and low-educated workers. We also show that the unemployment rates for low … countries, low-educated unemployment declines with robot exposure but from a higher starting point. Our results point to unions …