effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions …This Paper analyses the design of optimal unemployment insurance in a search equilibrium framework where search effort … among the unemployed is not perfectly observable. We examine to what extent the optimal policy involves monitoring of search …

who suffer involuntary layoffs. Matching and search-island models have labour market frictions and incomplete markets. The …

with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical … the unemployment insurance and the optimal search behavior of the unemployed gives rise to a self-reinforcing mechanism …

-sharing due to search frictions implies that ‘good’ jobs which have higher creation costs must pay higher wages. This wage …

We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job … search guidelines - affect unemployment. In our analysis we find that not only micro-effects concerning the behaviour of … benefit sanctions are more effective in reducing unemployment than an across the board reduction in the replacement rate. …

This Paper presents the results of an experimental study on unemployment benefit sanctions. The experimental set …-up allows us to distinguish between the effects of benefit sanctions once they are imposed (the ex post effect) and the effects … that discourage the unemployed from risking benefit sanctions (the ex ante effect). We find that both effects matter …