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New Evidenceon Cyclical and Structural Sources of Unemployment

New Evidenceon Cyclical and Structural Sources of Unemployment »

Volume/Issue: 2011/106

Series: IMF Working Papers

Author(s): Jinzhu Chen , Bharat Trehan , Prakash Kannan , and Prakash Loungani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2011

DOI: http://dx.doi.org/10.5089/9781455260416.001

ISBN: 9781455260416

Keywords: structural unemployment, uncertainty, unemployment rate, unemployment rates, high unemployment, unemployment duration,

We provide cross-country evidence on the relative importance of cyclical and structural factors in explaining unemployment, including the sharp rise in U.S. long-term unemployment during the Great Recession of 2007...

Tuition Subsidies in a Model of Economic Growth

Tuition Subsidies in a Model of Economic Growth »

Volume/Issue: 1994/100

Series: IMF Working Papers

Author(s): Philip Gerson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1994

DOI: http://dx.doi.org/10.5089/9781451852332.001

ISBN: 9781451852332

Keywords: subsidy, education sector, subsidies, educational attainment, educational subsidies

This paper examines a two-sector aggregative growth model with human capital and educated unemployment. In the model, a tuition subsidy may lead to a long-run decline in the educated fraction of the population, bec...