counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important …

sluggish. Job creation and job destruction are negatively correlated. And the volatility of unemployment is much larger than in …

How do changes in labor market institutions, like more generous unemployment benefits in one country, affect labor … markets. Contrary to the literature, higher labor market frictions increase unemployment at home and abroad. The strength of …. Using panel data for 20 rich OECD countries, and controlling for institutions as well as for business cycle comovement, we …

how a person’s employment status affects cognitive well-being. Our results show that unemployment has a negative impact on … strengthens the loss in identity utility of men, but weakens that of women. Unemployment of a person’s partner reduces the …

We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two … sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment … real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between …

Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …

to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric …