This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to …

unemployment rates. Using U.S. data, we find that individual labor force participation responds asymmetrically to changes in local … labor market conditions, consistent with the pattern of movements in the aggregate unemployment rate. Differences in the …

composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …

. Institutions and other structural factors are also found to be significant and important determinants of the rate of part … markets. Less robust evidence suggests the presence of unemployment traps for some potential part-time workers. Cross …

While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … benefits affect individual decisions on absence and search and the implications for employment, unemployment and …

sector, high unemployment for educated youth, weak private sector dependent on government welfare for their survival, rapid …