States at business cycle frequency. That being so,it can also generate large procyclical fluctuations in the vacancy-unemployment … ratio. This results from two plausible explanations, namely heterogeneity in households preferences and unemployment …

Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …

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

unemployment and some of its many origins. Our inquiry leads us to view unemployment essentially as a perverse effect of social … rules on individual behaviors. An unemployment insurance program may be socially desirable, yet its optimal level of … unemployment insurance package of various societies. …

program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non … unemployment duration and probability of long term unemployment decrease. These effects are the largest when the program intensity …