We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … redistribution. Immigration has increased native welfare in almost all countries. Both high-skilled and low-skilled natives benefit …

unemployment and its underlying duration distribution. We develop an analytically and computationally tractable stochastic … equilibrium model with heterogenous labor markets. In this model three different types of unemployment arise: search, rest and … reallocation unemployment. We document new evidence on unemployed workers’ gross occupational mobility and use it to calibrate the …

rates are consistent with weakly increasing returns in matching. The resulting equilibrium is not efficient. Unemployment …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The … normative analysis of the socially optimal benefit structure suggests that there is, in general, a case for benefit di …

small reduction in the unemployment benefits, or introducing a small cash bonus for workers that get a new job, may have no … e.ect on unemployment in some cases, while eradicating significant levels of unemployment in other cases. Our analysis … multiple equilibria may exist in a game involving both workers and an unemployment-averse government. Furthermore, we explore a …

The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as …

those participating in the scheme, and in particular the possible locking-in effect reducing job search. In a general … programme when they take into account that workfare is a condition for remaining eligible for unemployment benefits. This … outside option becomes less attractive. Introduction of workfare policies into an unemployment insurance scheme is shown to …

The paper develops a two-sector general equilibrium search model where goods are produced exclusively in the market and … services are produced both in the market and within the households. We use the model to examine how unemployment and welfare … are affected by labor taxes in general and sectoral tax differentiation in particular. We find that a tax cut on services …