In this paper, the effects of alternatives to finance unemployment benefits on employment and wages are examined in a … model with search generated equilibrium unemployment. It is demonstrated that employment improves if a value--added tax is …

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 …

unemployment are also examined here3. The main findings are more efficient on-the-job search from the rural sector raises … equilibrium urban unemployment rate whereas increased job search efficiency from the urban informal sector lowers this rate. Again … urban subsidy policy lowers the equilibrium urban unemployment rate and rural subsidy policy raises this rate. Urban formal …

-2004 period. It's main goal is to scrutinize the determinants of outflows from unemployment at the time when the two shocks have … transitions out of unemployment, including personal characteristics and unemployment benefits. Special attention is devoted to the …

equities, we examine equilibrium unemployment. While a mechanism of an efficiency wage brings about nominal wage rigidity …, unemployment occurring in our model definitely has Keynesian features. For instance, a reduction in wages rather enhances … unemployment through a decrease in consumption. In addition, our paper shows a possibility of Pareto improvement through an …

unemployment, undue instability, and excess debt. …