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Labour market policies and unemployment in the OECD
(1990)
The massive increase in unemployment throughout the OECD since the early 1970s has led governments in many countries to introduce, or to expand, labour market policies. Such programmes have the objective of reducing ...
Job creation and job destruction in the theory of unemployment
(1994)
In this paper we model a job-specific shock process in the matching model of unemployment with non-cooperative wage behaviour. We obtain endogenous job creation and job destruction processes and study their properties. We ...
Technological Progress
(1995)
Technological progress, job creation, and job destruction
(1998)
New technology embodied in capital equipment can be adopted either through destruction of existing jobs and the creation of new ones or by renovation, updating the job's equipment. Under the assumption that the destruction ...
The impact of employment tax cuts on unemployment and wagesthe role of unemployment benefits and tax structure
(1998)
I model and simulate the effects of employment tax cuts on unemployment and wages in four equilibrium models: competitive, union bargaining, search and efficiency wages. I find that if the ratio of unemployment compensation ...
Learning by trading and the returns to human capital in developing countries
(1997)
Recent evidence shows that the returns to labor and the skill premium both increase in developing countries after trade liberalization, despite the low skill content of their exports. The author explains this apparent ...