fill jobs. Moreover, unemployment rates are higher in industries which use employee referrals more extensively. This paper … search is, however, not necessarily efficient. Congestion externalities in referral search imply that unemployment would be …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

shocks and selection, I find that the exit hazard rates into and out of unemployment increased after the reform by over 1 … implies a net decrease in unemployment of a third of a percentage point, which accounts for about one quarter of the fall in … unemployment during the period of study. …

Recent research in macroeconomics emphasizes the role of wage rigidity in accounting for the volatility of unemployment …

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

incentives on retirement in two ways. First, by modeling the transitions between employment, unemployment and retirement in a … simultaneous manner, paying special attention to the transition from unemployment to retirement (which is particularly important in … strong impact on labour market decisions in Spain. Unemployment regulations are shown to be particularly influential for …

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 …