percent of GDP generates output and unemployment multipliers respectively of about 1.2 per cent (at one year) and 0 … output multiplier whereas it can produce a realistic unemployment multiplier but only under a special parameterization …. Extending the model to strengthen the complementarity in preferences, to include unemployment benefits, real wage rigidity and …

Using data from the 1981 Family Expenditure Survey we estimate a logit model for the choice between unemployment and … characteristics of the households in the survey and unemployment rates in the industries in which the households usually work. The … influence of tax-benefit reforms on unemployment using an equation that attaches a moderately strong prior belief to the theory. …

previous level. Especially for unemployment we find large effects of an increased foreign share. We conjecture that these … results might be spurious. Foreigners tend to be concentrated in lower unemployment areas but unemployment tends to be mean … unemployment. Taking account of the mean reversion in unemployment we find no detrimental effect of immigration. Similar results …

elasticities for those who experienced unemployment during the previous year and those on higher incomes; for average employed men …

. Furthermore, they fail to allow for quantity rationing and to model unemployment as a catastrophic event. The macroeconomics based …

The aim of this paper is to better understand the impact of unemployment on the design of Pay-As-You-Go pension systems … unemployment rate and the length of life. We then characterize the issue-by-issue voting equilibrium and compare it to the optimal …

This paper considers an equilibrium model of unemployment in a labour market where all vacancies are advertised in a … newspaper. Unemployment occurs in occupations that are short on vacancies. New vacancies are created by entrepreneurial search … unique rational expectations equilibrium is shown to exist. The unemployment-vacancy dynamics are consistent with so …

We propose a new econometric estimation method for analysing the probability of leaving un-employment using uncompleted … unemployment between the 1980s and 1990s during a period of labour market reform. We find that the relative probability of leaving … unemployment of the short-term unemployed versus the long-term unemployed becomes significantly higher in the 1990s. …