The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty …: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …

address the more complex, and open, question of how employment and unemployment move through time, in response to labor market … been dead-ends and red herrings in past research. The first section deals with the theory, concerning how labor turnover … costs influence insider wages and outsiders’ opportunities and how these costs affect employment and unemployment. We also …

This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply … questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual … dynamic optimization theory. We develop a general framework for the labor market where the search for a job involves dynamic …

We survey the recent literature on the effects of active labor market policies on individual labor market outcomes like … relate the results to the relevant level of female labor force participation. …

envisaged in other European countries, which hope that hours reductions will be an efficient policy for reducing unemployment. …

participation on individual labor market outcomes, notably employment and annual income, as well as on the labor market equilibrium …

consequences of immigration for a host country=s labor market. The most important theoretical arguments are presented and evaluated … the labor market. Its impact on employment, wages and wealth depends crucially on the design of immigration policy … capital but also for native labor. …

employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a … signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who … are not recalled. In contrast, because workers whose plant closed cannot be recalled, longer unemployment for them should …