in-work benefits on search intensity, participation, employment, and unemployment,compared to a framework in which wages …

We explore whether finance influences the impact of labour market institutions onunemployment. Using a data set of 18 …

regulations leadto a simultaneous reduction in informality and unemployment. The difference between thesetwo policy options lies …

unemployment insurance, when thelatter is only imperfectly related to search effort. A balanced social insurance budget …

use a New Keynesian model with unemployment to predict the effects ofdifferent labor market institutions on macroeconomic …This paper analyzes the effects of different labor market institutions on inflation and outputvolatility. The eurozone … labor market institutions have a large effect on output volatility, they donot seem to have much of an effect on inflation …

lower structural rate of unemployment. We establish this fact using:(i) panel data from 20 OECD countries, (ii) cross … within-country trade. Our main findingis robust to various definitions of unemployment rates and openness measures … institutions do notappear to condition the effect of openness.... …

Post World War II European welfare states experienced several decades of relatively low unemployment, followed by a … plague of persistently high unemployment since the 1980s. We impute the higher unemployment to welfare states' diminished … search model where workers accumulate skills on the job and lose skills during unemployment. …

precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can complement publicly provided unemployment insurance. …

A standard model of equilibrium unemployment consists of static equations for real wage ambitions (wage curve) and real … unemployment approaches the NAIRU from any given initial value, inflation will be increasing or decreasing over time. We formalize …'s equations are re-interpretated as attractor relationships. We show that NAIRU unemployment dynamics are sufficient but not …