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fact that for firms unemployment is useful to attain certain objectives. For a long time unemployment, and the spectrum of … economic level, unemployment appears to be an instrument in controlling inflation and full employment no longer a goal …, regardless of the theory one professes, Philips curve or Natural Rate of Unemployment in any of its versions. The fourth part of …
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There is still a lack of knowledge on how to effectively help the long-term unemployed into employment. We evaluate a wide range of active labour market policies for this target group, using a dynamic matching approach. Measures vary considerably in the extent to which they improve labour market...
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by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional …
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