distribution of firm characteristics, sorting patterns between firms and workers, and unemployment rates that can help explaining …

education groups, and the increase in unemployment at all levels of education. In contrast, in previous literature this type of … overeducation is key to understand the response of unemployment to the technology shock. …

. Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated … parameters which only differ by the degree of unemployment insurance and assume that they are hit by a common technological shock …

This paper considers a job search model where the environment is not stationary along the unemployment spell and where … in the exit rate from unemployment for the first four months, later on the only effect comes from the job offer arrival …

This paper explains the divergent behavior of European an US unemployment rates using a job market matching model of … increase in real interest rates, and an increase in tax rates leads to a permanent increase in unemployment rates when the … replacement rates or initial tax rates are high, while no increase in unemployment occurs when institutions are "employment …

in explaining the variability of unemployment and vacancies. If we incorporate long-term wage contracts into the model …

We propose a new econometric estimation method for analyzing the probability of leaving unemployment using uncompleted … unemployment between the 1980s and 1990s during a period of labor market reform. We find that the relative probability of leaving … unemployment of the short-term unemployed versus the long-term unemployed becomes significantly higher in the 1990s. …

A generalized rise in unemployment rates for both college and high-school graduates, a widening education wage premium … considerable part of the changes but fails to produce the increase in unemployment for the educated labor force. The mismatch shock …

consumption by running down their assets, while the employed save to buffer against future unemployment spells. I also show that …, unlike in models with exogenous income streams, unemployment transfers, by allowing agents to attain higher wages do not …