In this paper we build an equilibrium job search model with the life cycle of workers to assess the effect of this shape of unemployment benefits taking into account this life cycle dimension. In this ...
(See “Supply and Demand”) Yet the very existence of unemployment seems to imply that in labor markets around the world, the demand for and supply of labor fail to reach an equilibrium. Do labor ...
Adrien's job market paper shows that the job-losing-rate is responsible for most of the spatial differences in unemployment and develops a dynamic theory of spatial geography that features equilibrium ...
In November, the unemployment rate rose to 4.2% ... market data are thus far overwhelmingly pointing to this notion of equilibrium at something like full employment," Goolsbee said.
note that generous welfare and unemployment insurance is not enough ... and argues that the resulting equilibrium is efficient. Lagos derives a matching function from more primative assumptions and ...
Yet the very existence of unemployment seems to imply that in labor markets around the world, the demand for and supply of labor fail to reach an equilibrium. Do labor markets continually fail? But ...