This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are … effectiveness out of the region of residence has an ambiguous impact on unemployment rates. While it reduces the probability of …

selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …

educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …

In a multi-country general equilibrium economy with mobile capital and rigid-wage unemployment, countries may differ in … conditions under which - in contrast to free trade with undistorted labor markets - welfare declines and unemployment increases …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

non-market activities. Search-matching frictions on the labor markets create unemployment. Wages, labor demand and …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

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 …