in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance … unemployment, low geographical mobility and high unemployment insurance, and one American steadystate featuring low unemployment …, high mobility and low unemployment insurance. …

in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance … high unemployment, low geographical mobility and high unemployment insurance, and one "American" steadystate featuring low … unemployment, high mobility and low unemployment insurance. …

labour (low and high-skilled) are distinguished and in which, due to wage rigidies, unemployment may arise. We also introduce … globalisation. A first conclusion is that the impact on wages and unemployment depends critically on the level and type of the … performed, the unemployment outcome as globalisation progresses. A final conclusion is that it matters a great deal for th …