rent created by skill formation. Furthermore, it will be shown that high-skilled workers face shorter unemployment duration …

small reduction in the unemployment benefits, or introducing a small cash bonus for workers that get a new job, may have no … effect on unemployment in some cases, while eradicating significant levels of unemployment in other cases. Our analysis … multiple equilibria may exist in a game involving both workers and an unemployment-averse government. Furthermore, we explore a …

that the reduction in fertility is not due to the income loss generated by unemployment but arises be- cause displaced …

. This paper explores how their economies have adapted, and in particular the extent to which high claimant unemployment in …

the rate of unemployment in the Nigeria. A vector autoregressive model finds that: A reduced unemployment rate improves … human development and consequently reduces poverty. As growth in public capital expenditure rises, unemployment falls and … the human development index improves. Therefore, infrastructure-based policies, which initially reduce unemployment, will …

In this paper we present an investigation of unemployment persistence in Japan, the United States and fourteen European … recent differential unemployment persistence in our sample of countries: first, sluggishness in labour demand, and second … deviations from target. We also examine the short-run and medium-run effects on unemployment of shocks and policies that shift …

analysis has implications for the behavior of aggregate wages in the UK and for the relationship between aggregate unemployment … the unemployment/vacancies equations. In addition, lagged values of average house prices have a significant 'cost …

We extend the `rational partisan model' of inflation and unemployment by introducing inflation and unemployment … stability. The greater aversion of `socialists' to unemployment results in an inflation rate which is higher by five percentage … points than under the more anti-inflationary `conservatives'. Unemployment seems to be independent of the identity of the …

resilience is depicted in two conceptually independent ways: (i) the tendency of exogenous variations in unemployment to become … perpetuated and (ii) the possibility that such swings may give rise to a wage-unemployment ratchet. In this manner, the analysis … attempts to provide an explanation of why unemployment rates in Europe and the United States have displayed an upward trend …