policies and to study the problem of unemployment. These notes mean to provide an exhaustive introduction to the study of the …

to learn from experience is itself affected by economic institutions. A society which does not trust markets is more … institutions reinforce each other in slowing or preventing people from learning the correct underlying parameters. …

) unemployment benefit such as tomaximise the long-run stock of capital. Furthermore, given the union's wage, a benevolent government … is able to pick up exactly a value of the unemployment bonus such as to obtain a welfare maximum. These resultsmay have …

's concerns about unemployment were deeper than even the Kates article (in this symposium) suggests, that this concern even led … Say to advocate a clear Keynesian remedy for unemployment: public works. Correspondingly, the paper shows that Ricardo …

New Keynesian efficiency wage theories seek to model involuntary unemployment based on Neoclassical (and New Classical … of involuntary unemployment. The use of the Neoclassical production function is especially problematic in depicting … involuntary unemployment. Methodological insights into the strategies that have been pursued to model involuntary unemployment …

Palley (1995) recently built a job-hour model to provide us with a new view regarding the reason for unemployment and …

replacement rates or initial tax rates are high, while no increase in unemployment occurs when institutions are "employment …This paper explains the divergent behavior of European an US unemployment rates using a job market matching model of … the labor market with an interaction between shocks an institutions. It shows that a reduction in TF growth rates, an …

in explaining the variability of unemployment and vacancies. If we incorporate long-term wage contracts into the model …

A generalized rise in unemployment rates for both college and high-school graduates, a widening education wage premium … considerable part of the changes but fails to produce the increase in unemployment for the educated labor force. The mismatch shock …