receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …

role to cross-country differences in social unemployment insurance institutions that Prescott argues can be safely ignored …

In the context of a standard equilibrium matching framework, this paper considers how a duration dependent unemployment … insurance (UI) system affects the dynamics of unemployment and wages in an economy subject to stochastic job-destruction shocks … recessions which stabilizes unemployment levels over the cycle …

both the vacancy-unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching …

The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as …

endogenous unemployment and wages. This means that the government needs to consider the effects on wages and unemployment when … designing the optimal tax function. The tax systems’ effects on the wage formation and the unemployment rates result in new … marginal tax rates to raise the unemployment rate for the high-skilled and lower it for the low-skilled workers. …

data are used to estimate the relationship between the incidence and duration of sick leave and subsequent unemployment … is associated with higher risk of unemployment. Women have a significantly higher risk then men of unemployment …

that a decrease of say unemployment probability or an increase in unemployment insurance (UI) generosity affects saving not …