This paper provides a simple matching model in which unemployed workers and employers can be matched together trough … that reason, a policy increasing the social capital of the disadvantaged workers can increase the unemployment rate and …

This paper aims at explaining the dynamics of labor markets in Spain, especially the high persistence of unemployment … and the Beveridge curve. We build a stochastic dynamic general equilibrium matching model, which assumes failures in the … matching between vacancies and unemployed. We calibrate the model for the Spanish economy and simulate it considering two …

This search-matching model is well suited for an equilibrium evaluation of labor market policies. When those policies … on their interactions with the profile of unemployment benefits and with active labor market programs. …

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 …

This papers revisits the normative properties of search-matching economies when workers have concave utility functions … unemployment insurance and lower levels of search intensity and output in the second setting. To decenralize these optima …-linear tax schedule and an appropriate level of unemployment benefits. According to the level of the bargaining power, taxation …

levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to the laissez-faire, gross wages, unemployment and participation are lower. Average tax rates are …

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

Our paper studies two attempts at integrating unemployment in macroeconomics. The first, due to Diamond, consists in a … able to integrate the matching function in RBC modeling. As a common thread of these two attempts is to be based on the …

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 …