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

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 …

What are the effects of firm- and sector-level trade unions on unemployment and aggregate output if individuals have … demand then, ceteris paribus, increases and unemployment falls. This new mechanism interacts with the negative employment … indicates that the unemployment damping effect of rent-sharing motives mitigates but does not compensate for the unemployment …

Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

According to the standard union bargaining model, unemployment benefits should have big effects on wages, but product … aggregate data for the Nordic countries. Wages are found to depend on unemployment and the replacement ratio, but also on …

unemployment within the framework of the right-tomanage approach. Our analysis highlights the critical role of labour mobility for … relationship is frequently reversed if firms adopt profit sharing schemes. If employment at a fixed wage complements unemployment … equilibrium unemployment. This relationship is shown to hold also for cases where the outside option incorporates profit sharing …

that labour markets clear competitively. At least for Europe, which has been suffering from high unemployment for a long … unemployment which results from the union-firm wage bargaining both with optimal and restricted profit taxation when capital is … the private sector playing a Nash game. The main conclusion is that in the presence of unemployment, the conventional …