Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …

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 …

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 benefits often reduce incentives to search for a job. Policymakers have responded to this behaviour by … setting minimum job search requirements, by monitoring to check that unemployment benefit recipients are engaged in the … search monitoring and benefit sanctions reduce unemployment duration and increase job entry in the short term. There is some …

Long-term unemployment can lead to skill attrition and have detrimental effects on future employment prospects …, particularly following periods of economic crises when employment growth is slow and cannot accommodate high levels of unemployment … costeffective and efficient means of reducing unemployment, during both periods of economic stability and recovery. …