the world economy. In reviewing the literature, we describe certain predictions of standard models that are affected or …

, in a world where wages depend on firm-worker matches, as well as experience and tenure and jobs take time to locate. We … Tax Credit in Germany, and the other is a reform to Unemployment Insurance. In both reforms we find very significant …

Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may …

overly long unemployment durations. We examine the influence of previous wages on unemployment durations for workers after …

survey data of a representative inflow sample into unemployment in Germany, we empirically test the hypothesis that …

labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary … effects on unemployment; and thus (b) that policies aimed at reforming these institutions are also complementary. These policy …) is unlikely to achieve significant reductions in unemployment. Rather, labour market reform becomes particularly …

This Paper provides a simple matching model in which unemployed workers and employers can be matched together through … in matching models, according to which search intensity is always too low if not efficient. Eventually, in the presence … of different job search methods, conditional unemployment benefit hikes can improve welfare when individuals are risk …