frictions and unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance … volatility and persistence of vacancies and unemployment. …

of unemployment and vacancies to negative shocks to the aggregate productivity of labor. …

A search-theoretic general equilibrium model of frictional unemployment is shown to be consistent with some of the key … regularities of unemployment over the business cycle. In the model the return to a job moves stochastically. Agents can choose … unemployment. …

model, covering a panel of EU countries, and derives the implied long-run inflation-unemployment tradeoff. Our results …

more dynamic. This Paper studies the implications of such reforms for the duration distribution of unemployment, with … drawn from the Spanish Labour Force Survey from 1980-94 to analyse the chances of leaving unemployment before and after the … of the model also shows that for long spells, the probability of leaving unemployment has decreased since such reform. …

There are large spatial disparities in unemployment durations across the 1,300 municipalities in the Paris region (Ile … exhaustive dataset of all unemployment spells starting in the first semester of 1996. This model allows us to recover a survival …