This paper provides a unified account of the trends in unemployment and labor force participation pertaining to the … the United States, (ii) the similar but more pronounced decline in Europe alongside rising unemployment rates and (iii …) differences across European countries in the role played respectively by unemployment and labor force participation. The model …

over this period, but ultimately explains little of the rise in unemployment. Third, only a small share of the increase in … unemployment can be attributed to the early retirement policies that were implemented in Europe from the 1970s up until the early … aiming to explain the European unemployment problem. …

Many studies have found that the exit rate from unemployment increases in the vicinity of the exhaustion day of … unemployment insurance benefits. The extent to which this "spike" is driven by job search behavior is important for assessing the … distortionary effect of unemployment insurance. Card, Chetty and Weber (American Economic Review 2007; 97: 113-118) find a large …

A large fraction of the eligible unemployed workers does not claim for unemployment insurance (UI) and, among claimants … the sample faces high claiming frictions, many have good employment prospects and exit unemployment quickly. The burden of … little effect on aggregate unemployment duration. Additionally we show that the link between claiming and job search efforts …

unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost … a one percentage point decline in the unemployment rate, closely approximates the estimated change in the unemployment …