probabilities between private and public employment, unemployment and inactivity. We examine the stocks and flows by gender, age and … unemployment rate. Public-sector employment contributes 20 percent to fluctuations in the unemployment rate in the UK, 15 percent …

and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …

A growing body of empirical evidence suggests that a positive technology shock leads to a temporary decline in … employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …

A growing body of empirical evidence suggests that a positive technology shock leads to a temporary decline in … employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …

A growing body of empirical evidence suggests that a positive technology shock leads to a temporary decline in … employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …

In this paper, we analyze the dynamic behavior of employment and hours worked per worker in a stochastic general … to the firm, causing a reduction of job openings and consequently a decrease in employment. These results are contrasted …

In this paper, we analyze the dynamic behavior of employment and hours worked per worker in a stochastic general … to the firm, causing a reduction of job openings and consequently a decrease in employment. These results are contrasted …

We study the role of monetary policy in response to variations in unemployment due to structural factors, modeled as …