processes are transformational recession, transitional unemployment, « barterisation», and managerial entrenchment. They will …

Although it is now widely accepted that unemployment is associated with sharply lower levels of individual well …-being, relatively little is known about how this effect depends on unemployment duration. Data from three large-scale European panels is … used to shed light on this issue, these data allow us to distinguish habituation to unemployment from sample selection. The …

This paper studies a two-region model in which unemployment, education decisions andinterregional migration are … endogenous. The poorer region exhibits both lower wagesand higher unemployment rates, and migrants to the richer region are … reduceswages of the unskilled. Both education and migration decisions are distorted by auniform unemployment compensation, which …

Creating effective employment policy to combat rising unemployment and widening regional labour market differences is a …

: an internal migration function is estimated using district wage and unemployment rate differentials. The aggregate level … wages and unemployment, included in the migration equation, are retrieved from a first stage wage and unemployment equations …. The results reveal that both wage and unemployment differentials are important determinants of the propensity to migrate …

unemployment in selected OECD countries. The labour force variations attributable to an economy operating at below full employment … force participation rates. The results show that hidden unemployment is a major problem in the countries studied, and adds …

’s growth potential, and the sustainable unemployment rate—variables that economists can’t, unfortunately, estimate with much …

unemployment vary both with large versus small real exchange rate disequilibria and rising versus falling unemployment regimes. The … adjustment in periods of falling unemployment. This implies that prices and wages are more flexible when real output is high … demanding and getting higher wages. Unemployment is reduced following gains in competitiveness when the real exchange rate is …