challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance … markets are missing. The main results are: (i) outsourcing raises unemployment and labor income risk ofunskilled workers; (ii … welfare optimal redistribution and unemployment insurance policies. …

The paper develops an equilibrium search and matching model where two-person families as well as singles participate in … receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …

unemployment. Four main results are derived: (i) the optimal size of the welfare state depends on the degree of risk-aversion and … the unemployment rate as a measure of labor income risk. The unemployment rate partly reflects the country’s exposure to … globalization; (ii) corporate taxation and social insurance have equivalent effects on unemployment and outbound FDI; (iii) while an …

unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …

The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as … a distinct labor force state. Absenteeism is driven by random shocks to the value of leisure that are private … among nonemployed individuals interact with their search decisions and trigger movements into and out of the labor force …

large and persistent negative relationships between unemployment and the risk of repeated unemployment and being out of … that unemployment has a negative effect on later labour market attachment. This is consistent with existing findings in the … present in the data before changing the inference. Thus, unemployment leaves young workers with long-term scars. …

The Great Recession brought large increases in unemployment and college enrollment; we explore how changing labor … market conditions affected the decision to enroll, focusing on the role of state-specific dimensions of Unemployment …

Unemployment Insurance (UI) scheme in which job search requirements are imposed on UI recipients with hyperbolic preferences. We …This paper develops a partial equilibrium job search model to study the behavioral and welfare implications of an … show that, if the search requirements are well chosen, a perfect monitoring scheme can in principle increase the job …

regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search …This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks … is prolonged by at least .09 weeks per additional week of benefits among men, whereas unemployment duration increases by …