Unemployment dynamics, wage flexibility, and the NAIRU in Austria

Nominal Wages . the Nairu and Wage Flexibility

The NAIRU, Unemployment and Monetary Policy

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The Interrelated Dynamics of Unemployment and Low-wage Employment

This paper examines the extent of state dependence in unemployment and the role played in this by intervening low-wage employment. A range of dynamic random and fixed-effects estimators are compared. Low-wage employment is found to have almost as large an adverse effect as unemployment on future prospects and the difference in their effects is found to be insignificant. Evidence is presented th...

Unemployment Insurance, Wage Dynamics and Inequality over the Life Cycle

Unemployment Insurance, Wage Dynamics and Inequality over the Life Cycle We investigate the relationship between life cycle wages and individual membership of unemployment insurance schemes in Denmark. We separate permanent from transitory wages and characterise them using membership of unemployment insurance funds. We find that unemployment insurance is associated with lower wage growth hetero...

Inflation , Unemployment and the NAIRU in Pakistan ( 1975 - 2009 )