"This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and … calibrate it to U.S. data. The results indicate that more than 70 percent of the increase in the duration of unemployment over …

the future of their children through the family, the labour market, and public policy actually differ? Using a number of … representative household surveys we find that the configuration of all three sources of investment and support for children differs … significantly, disadvantaged American children living in much more challenging circumstances, and the role of public policy not as …