Unemployment and Productivity in the Long Run

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We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run une

Productivity Growth, Inflation, and Unemployment

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Short and Long-Run Effects of Productivity on Unemployment

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Okun's (1962) seminal paper is an important study on economic growth and unemployment but a detailed exploration of the effect of productivity growth on unemplo

Growth, Productivity, Unemployment

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The essays in this book extend and elaborate on many of the important ideas Solow has either originated or developed in the past three decades.

Unemployment Persistence and the Unemployment-productivity Relation

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