This paper documents a robust empirical regularity: in the long-run, higher trade openness
is associated with a lower structural rate of unemployment. We establish this fact using:(i) …

I assess the impact of an aging labor force on business dynamism, labor market fluidity and
economic growth. The analysis embeds endogenous growth through creative destruction in …

China is on the eve of a demographic shift that will have profound consequences on its
economic and social landscape. Within a few years the working age population will reach a …

Two empirical correlations are studied: one between economic growth and environmental
impacts, and the other between the lack of economic growth and unemployment. It is …

This study examines the effect of various forms of investment expenditure (gross fixed capital
formation, R&D and European Structural and Investment Funds) on employment across …

We raise fundamental questions about macroeconomics relevant to escaping the financial-
economic crisis and shifting to a sustainable economy. First, the feasibility of decoupling …

Will automation raise unemployment and what is the role of education in this context? To
answer these questions, we propose a search and matching model of the labour market with …

Immigrants are newcomers in a labor market. As a consequence, they lack host-country-
specific labor market knowledge and other country-specific and not directly productive …

We consider a version of the Solow growth model where technological progress can be
investment specific or investment neutral. The labour market is subject to search frictions …

Does capital-embodied technological change play an important role in shaping labour-
market outcomes? To address this question, we develop a model with vintage capital and …