properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployment and of jobs out of the market (the ‘job destruction’ flow). Steady-state equilibrium is at the point where the two …

rent created by skill formation. Furthermore, it will be shown that high-skilled workers face shorter unemployment duration …

This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in … difficult-to-explain trends in the unemployment rate of older German workers …

Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and …

labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary … effects on unemployment; and thus (b) that policies aimed at reforming these institutions are also complementary. These policy …) is unlikely to achieve significant reductions in unemployment. Rather, labour market reform becomes particularly …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

's skill level. We establish that, for young workers, unemployment incidence increases with skill in high-firing-tax countries … maintaining unemployment duration and the unemployment rate as decreasing functions of skill in all countries. Because of constant …