mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI … higher layoff taxes suppress frictional unemployment in less turbulent times, prevails in the models with labour market … impossible to include generous government-supplied unemployment insurance in that model without getting the unrealistic result …

In Portugal real wage flexibility, at the macroeconomic level, is noticeably higher, while unemployment duration is … lower, when compared to Spain. This suggests that the hardship of being unemployed is higher in Portugal. Unemployment … benefits and family insurance, which are the main buffer against unemployment and have played different roles in both countries …

Similar durations but lower flows into unemployment gave Europe lower unemployment rates than the United States until … the 1970's. But since 1980, higher durations have kept unemployment rates in Europe persistently higher than in the U.S. A … workers, hazard rates of gaining employment in Europe fall off sharply with the duration of unemployment, and why displaced …

Unemployment in Europe is a worrying phenomenon not so much because it hits 18 million people, but because it almost … unemployment rate. Thus, understanding the Italian unemployment and finding effective solutions for it, is useful to understand and …

carries out a comparative analysis of unemployment rates of the different ‘Mezzogiornos of Europe’. Finally, some policy …The unemployment dynamics in the Mezzogiorno of Italy seem to corroborate the New Economic Geography predictions …, whereby, under some specific hypotheses, a stronger economic integration can amplify the regional polarisation of unemployment …

The paper surveys recent analyses of rising unemployment in Europe based on the concept of the natural rate. It argues … efficiency wages, hysteresis, and insiders/outsiders are related to a core theory in which the unemployment benefit is the basic …, and that in its absence they would fail to explain unemployment. …

Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment … unemployment. This implies a negative relationship between the UI unemployment duration and wage effects, which holds empirically …

This study examines the determinants of job-finding rates of unemployment benefit recipients under the Chilean program … the form of unemployment insurance savings accounts (UISAs) - so as to mitigate the moral hazard problem of traditional … unemployment insurance programs. Our study is the first one to empirically investigate whether UISAs improve work incentives. We …

generous unemployment insurance system. Second, the duration of unemployment and employment spells are substantially higher in … Europe – employment turnover is lower. We show that self-insurance, i.e. saving and borrowing, is a good substitute for … unemployment insurance when turnover is as high as in the United States. If the insurance system is less than perfectly actuarially …