studies such programs and their impact on unemployment rates, capital accumulation, and the process of development. An … private information. Firms wishing to hire from among the high ability agents use equilibrium unemployment as a sorting device …. Extensions of the framework to study unemployment insurance policies, as well as "productive" employment programs, are also …

. The former allows equilibrium unemployment to arise endogenously while the latter is responsible for equilibrium credit … rationing. This structure is used to investigate a theoretical link between the level of unemployment and the extent of credit …

According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the … insufficient capital accumulation responsible for unemployment (Arestis et al 2007). Empirical work in this tradition has paid … capital accumulation as a macroeconomic shock. In the empirical analysis, medium-term unemployment is explained by capital …

producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the …

inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages …

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. …

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …

The COVID-19 pandemic has upended the U.S. economy and labor market. We assess the initial spike in unemployment due to … the virus response and possible paths for the official unemployment rate through 2021. Substantial uncertainty surrounds … the path for measured unemployment, depending on the path of the virus and containment measures and their impact on …