and lagged relationships between the rates of inflation, unemployment, and change in labour force. For France, several … unemployment within the Phillips curve framework. Following the original problem formulation by Fisher and Phillips, the set of … study has validated the reliability and accuracy of the linear and lagged relationships between inflation, unemployment, and …

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

We argue that US welfare would rise if unemployment insurance were increased for younger and decreased for older … workers. This is because the young tend to lack the means to smooth consumption during unemployment and want jobs to … accumulate high-return human capital. So unemployment insurance is most valuable to them, while moral hazard is mild. By …

mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI … higher layoff taxes suppress frictional unemployment in less turbulent times, prevails in the models with labour market … impossible to include generous government-supplied unemployment insurance in that model without getting the unrealistic result …

longer hours. By contrast, a higher probability of losing jobs, a longer duration of unemployment, and in general a less …

plot of seasonal adjusted quarterly data between the change of nominal wage rates and the unemployment rate shows a picture …

those may be unobservable ex-ante. The problem of characterizing constrained optimal unemployment insurance in this case has … been neglected in previous literature. We construct a model of optimal unemployment insurance where multiple incentive …-form solutions showing that when the moving/retraining incentive constraint binds, unemployment benefits should increase over the …