for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …

We present an applied general equilibrium modelling approach to analyse employment and unemployment effects of labour … problem of persistent unemployment. …

employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation …

The paper contributes to the globalization debate by scrutinizing the international spillover effects which are … provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore …

-skilled labor, this form of globalization can induce labor market effects similar to those caused by skill-biased technical change …