This paper analyses how labour market heterogeneity affects unemployment, productivity and business cycle dynamics that … skilled workers increases the natural rate of unemployment and reduces total factor productivity with long- run effects on the … Beveridge curves. Skill-specific labour market heterogeneity leads to a attening of the Phillips curve as wages and unemployment …

The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … changes in regional unemployment. Accounting for the fluctuations in composition of the employees is important for the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …

We analyse the moderating effect of trade unions on industrial employment and unemployment in countries facing exposure … the industry sector employment of young and low-educated workers. We also show that the unemployment rates for low … countries, low-educated unemployment declines with robot exposure but from a higher starting point. Our results point to unions …

the outcome of the wage negotiations, and consequently also the equilibrium level of unemployment. An exchange rate target … unemployment …

, or of central bank conservativeness are associated with lower unemployment and inflation. However the forward shifting of … changes in either labour taxes or in unemployment benefits to labours costs is larger the higher are those institutional … variables. The paper also considers the effects of those institutions on the choice of labour taxes and of unemployment benefits …

unemployment insurance scheme. We show that such immigration can create a negative immigration surplus due to adverse effects on …

unemployment insurance scheme. We show that such immigration can create a negative immigration surplus due to adverse effects on …