positivepredictions of the model change very little, but the welfare costs of unemployment are muchlarger because unemployment risk is … distributed unequally across workers. As a result,optimal unemployment insurance may be higher and welfare is lower if hiring is …

Differences in regional unemployment in post-communist economies are large andpersistent. We show that inherited … variation in human-capital endowment across the regionsof four such economies explains the bulk of regional unemployment …

We evaluate the effects of outsourcing and wage solidarity on wage formation andequilibrium unemployment in a …

age at which the individualstarts receiving disability benefits, and the increase in the local unemployment rate …

contemporary unemployment affect a young worker’s probability ofbeing invited to a job interview. In contrast to studies using … forunobserved heterogeneity. We find no evidence that recruiting employers use informationabout past unemployment to sort workers … pastunemployment as a sorting criterion suggests that the scarring effects of unemployment maynot be as severe as has been indicated by …