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We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocat...
In this paper, we set up a three-period stochastic overlapping generations model to analyze the implications of income inequality and mobility for demand for redistribution and social insurance. We mo...
Unemployment may depend on equilibrium in other markets than the labor markets. This paper adresses this old idea by introducing search frictions on several markets: in a model of credit and labor mar...
We analyze the occupational mobility of immigrants between their origin countries and Spain and its determinants. We use microdata from the Encuesta Nacional de Inmigrantes to compute an international...
Leaving Welfare: Challenges in a New Economy     Leaving Welfare  a New Economy       font style='font-size:12px;'> 2009/11/5
Leaving Welfare: Challenges in a New Economy。
The aggregate structure of the economy     foreign trade  gross national product  population growth       font style='font-size:12px;'> 2009/5/12
Improved foreign trade and productivity, as well as a continuing emphasis on services, mark the outlook for the coming decade as gross national product growth slows because of a decline in population ...
Promoting social justice in the new global economy     social justice  global economy       font style='font-size:12px;'> 2009/5/4
After 75 years, the mission of the International Labor Organization remains unchanged. However, continuing to promote social justice throughout the world will require innovative approaches. This artic...
Worker displacement in an expanding economy     expanding economy  Worker displacement       font style='font-size:12px;'> 2009/4/24
As the economy grew in the mid-1990s, job loss declined and the rate of reemployment rose. Job losses that did occur were more widely dispersed across industries and occupations than in earlier years....
U.S. labor market in 2001:economy enters a recession     U.S. labor market  economy  recession       font style='font-size:12px;'> 2009/4/3
The year began with a weakening labor market, in which manufacturing抯 downturn spread into other sectors; unemployment climbed from the historic lows reached during the recent economic expansion.
The U.S. economy to 2014     The U.S. economy  2014  productivity growth       font style='font-size:12px;'> 2009/3/27
The economy is expected to expand at a steady pace over the coming decade, while inflation will remain restrained and productivity growth will remain strong.

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