migration-induced supply shock of medium-skilled workers decreases the low-skilled unemployment rate because of the endogenous …This paper analyses the impact of the skill composition of migration flows on the host country's labour market in a … interdependency between the two bargaining processes. Particular attention is paid to medium-skilled migration which enables us to …

generally be characterized by unemployment and inter- industry wage differentials. Both trade and capital liberalization may …

The view that high unemployment in West Germany and other European countries is caused by a path dependence effect - or … is argued that in a cointegration framework it is reasonable to define hysteresis as the absence of weak exogeneity of … the explanatory variables. Building on a cointegration model of the employment rate in West Germany, I find only weak …

in the initial conditions. The effect of the initial unemployment rate is particularly strong. The higher initial … unemployment. the higher optimal tax progressivity. Another important driver is the general tax level. High taxes in the initial …

the outcome of long-term unemployment which is the result of changing the nation’s socio-eco-political environment …

Unemployment rates in both the UK and the Netherlands have declined substantially since the early 1980s. This has been … a decline in equilibrium unemployment, the result of combinations of supply-oriented policies. The combinations are … Dutch unions were already cooperative, British unions were made to cooperate. The main overlap is in the popularity of part …

The paper develops an overlapping generations model that highlights interactions between social security, unemployment … and growth. The social security system has two components: old age pensions and unemployment insurance. Pensions have a … direct effect on economic growth. Both pensions and unemployment benefits influence equilibrium unemployment caused by wage …

This paper investigates the effects of different labor market structures on the level of unemployment. A theoretical … good sector is presented, in which different wage-employment trade-offs faced by unions in traded and non traded goods … unemployment, which is sustained even with increased openness. Countries with an intermediate level of bargaining are expected to …

costs influence insider wages and outsiders’ opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market … shocks. The second section deals with the insider-outsider theory in relation to two important economic institutions: unions …