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

2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …

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 …

of different job search methods, conditional unemployment benefit hikes can improve welfare when individuals are risk …

, unemployment and capital accumulation. First, we recover the partial equilibrium over-employment phenomenon put to the fore by …

labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …