This paper investigates long-term returns from unemployment compensation, exploiting variation from the UK JSA reform … post-unemployment wages. I test these ideas on longitudinal data from Social Security records (LLMDB). Using a difference … in differences approach, I find that individuals who start an unemployment spell soon after JSA introduction, as opposed …

, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

the workers released from the agriculture and industry sector. The resultis higher unemployment. …

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

This paper emphasizes the two-way causality between the provision of unemployment insurance and the cultural … generate a lag between the introduction of unemployment insurance and a deterioration of the work ethic. Relying on a … calibration, I argue that it can account for a substantial fraction of the history of European unemployment since World War II. As …