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 …

´s institutional response to the increase in unemployment and poverty triggered by the crisis. The program provided a social safety net …

protection, unemployment insurancebenefits and minimum income support, working time flexibility and wage setting played acrucial … role in determining to what extent the economic crisis led to higher unemployment,wage cuts or income losses and rising …

According to recent and largely untested theories, unemployment benefits (UBs) could improve the extent and quality of … job reallocation even at the cost of increasing unemployment. Using yearly panel data from a large number of countries, we … evaluate empirically the relationship between unemployment benefits and structural change. Unlike previous work assessing the …