with persistent unemployment arises. -- Status Preference ; Persistent Unemployment ; Long-Run Growth …

This paper argues that in a growing economy unemployment can be the cause of goods markets failures, even if these are … on the job offers, causing unemployment. Workers, anticipating this, will ask for a risk premium in insecure contracts … eliminate the number precarious job offers. Thus a transitory demand shock will lead to a persistent level of unemployment in a …

and matching unemployment. We show that trend growth in itself does not generate a trade-off for the monetary authority …

I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces … that deliver a constant steady state unemployment rate in this setting. Labor-saving technical change increases … unemployment, which lowers wages and creates incentives for future investment in labor-using technologies. In the long run, this …

most likely responsible for a considerable part of European unemployment. …

-up in terms of productivity but also a J-curve shape of output growth accompanied by an increase in unemployment on a large … and jobs, the model reproduces the pattern of productivity, growth and unemployment that we find in the CEE countries …. -- catching-up ; growth ; unemployment ; technological change ; transition economies …

The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …

, and time periods, separate metaregressions are estimated; one using estimates with the unemployment rate as the dependent … unemployment and economic growth, researchers should bear in mind that there are a number of methodological choices that have …

endogenous growth and (ii) wage setting by trade unions as the cause of unemployment. Within this framework, the paper considers … growth and unemployment affected by public pensions under the following two types of pension system: the proportionate …