Unskilled unemployment 

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Microsoft Word - discussion57
... unskilled workers to depressed growth in backward regions. the author provides two interesting cases that highlight the impact of centralised wage bargaining. he relates the surge in unemployment ... , sustaining regional unemployment differentials out of equilibrium. inelastic supply and durability of housing affect aggregate unemployment as well as regional unemployment differentials, because ...
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structural estimates equilibrium unemployment six oecd economies pdf
... a key determinant of unemployment. 9 the persistently high level of equilibrium unemployment was also observed by nickell (1997), who identified the syste- matic shift in demand against the unskilled' (p23) as the main cause. it contrasts with the conclusion by henry et al. (2000), who argue that the equilibrium unemployment rate in the uk has ...
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