income is stronger, and that its level should be higher. the higher the level of unemployment or job scarcity. Point of … equivalent. The equivalence is that the price of Labour Rights and the unemployment benefit corresponds to the income tax rate …. This analysis provides an argument against cutting unemployment and social assistance benefits during economic downturns …

unemployment rate. Exogenous shocks (such as aging) leading to lower interest rates also imply lower equilibrium unemployment rates …

that reason, a policy increasing the social capital of the disadvantaged workers can increase the unemployment rate and …

on their interactions with the profile of unemployment benefits and with active labor market programs. …

This paper aims at explaining the dynamics of labor markets in Spain, especially the high persistence of unemployment …

Our paper studies two attempts at integrating unemployment in macroeconomics. The first, due to Diamond, consists in a …

The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits … aggregate unemployment rate. Structural estimation using a German micro-data set (SOEP) allows us to discuss the effects of a … recent unemployment benefit reform (Hartz IV). The reform reduced unemployment by only 0.3%. Contrary to general beliefs, we …