Economists have studied the potential effects of shifts in the age distribution on the unemployment rate for more than … effects on age-specific unemployment rates. This paper uses state-level data to revisit the influence of the age distribution … on unemployment in the United States. We examine demographic effects across the entire age distribution rather than just …

monopolistic competition, and state space model for the natural unemployment rate. Our estimates suggest that overshooting …

monopolistic competition, and state space model for the natural unemployment rate. Our estimates suggest that overshooting …

inflation. Among other things, the unemployment gap, which is the difference between unemployment rate and non …-accelerating inflation rate of unemployment (NAIRU), is used to measure inflationary pressure from the labour market. This paper examines … revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages …

by investments in R&D performed in the high-wage sector. Unemployment is determined by the costs and benefits of waiting … for a high-paid job. The wage structure, growth, and unemployment are shown to depend on the way effort is extracted. …

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …