evolution of inflation and unemployment in the United States and Canada since 1930. …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

effect of coordination on unemployment. …

We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model … efficient values, at the optimum gross wages and unemployment are lower. Average tax rates are moreover increasing in wages. The …

), unemployment, inflation, bank credit, and real estate prices in a twenty one-year window surrounding selected adverse global and …

years, accompanied by a steep rise in unemployment, which would be around 11.5% in 2010 in the euro area. However, labour … soften the impact of much higher unemployment levels on Europe's potential rate of growth in the future. …

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory … generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise …-run unemployment over the 1980s and its rise during the late 2000s. …