The conventional wisdom is that high European unemployment is the result of job markets that are rigid and inflexible … spillovers. The evidence shows that macroeconomic factors dominate in explaining unemployment. These factors are robust to … changes in empirical specification. Labor market institutions do matter for unemployment, but not in the way conventionally …

In this paper we compare the nature and determinants of outflows from unemployment in the case of the Czech and Slovak … exceptionally low unemployment rate in the Czech Republic as compared to Slovakia and the other Central and East European economies … has been brought about principally by (1) a rapid increase in vacancies along with unemployment, resulting in a balanced …

After a decade of structural reforms, unemployment rates have tripled in Argentina. This paper is concerned with the … measurement of unemployment risk and its distribution. We show the importance of considering re-incidence in the measurement of … risk and develop a methodology. Our estimates for Argentina show that, though the typical unemployment spell is short, once …

The framework of a general equilibrium heterogeneous agent model is used to study the optimal design of an unemployment … insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and …

Extended unemployment benefits programs in the US are triggered by the state insured unemployment rate while intrastate … extended unemployment benefits. Using a competing risk duration model, this paper measures the size of the entitlement effect … job hazard, the entitlement effect is stronger in low unemployment labor markets. This finding is robust across a number …