The paper presents a general equilibrium model of search unemployment that incorporates absence from work as a distinct … labor force state. Absenteeism is driven by random shocks to the value of leisure that are private information to the …

This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility … and second when search effort is not observable. To decentralize these optima, employees should be unable to extract a … optima, non-linear income taxation is a key complement to unemployment insurance. According to the level of the workers …

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

two sectors changes, etc. In this paper, we build an equilibrium search and matching model to analyze the effects of labor … informal- and formal-sector output, on the division of the workforce into unemployment, informal-sector employment and formal …

This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search effort … among the unemployed is not perfectly observable. We examine to what extent the optimal policy involves monitoring of search … effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions …

, compared to non-participation, ES are effective for workers with little access to informal search channels, and SBA works for …

Discouragement is a process occurring during an unemployment spell. As the spell prolongs, an individual gradually … realises that the returns to search can no longer outweigh search costs, and hence she may eventually leave the labour force …. This is analysed theoretically in a framework of unemployed search. We construct a search model, which is stationary from …

This paper analyses the potential impacts of introducing unemployment insurance (UI) in middle income countries using … the case of Malaysia, which today does not have such a system. The analysis is based on a job search model with … unemployment and three employment sectors: formal and informal wage employment, and self employment. The parameters of the model …

We examine the relationship between unemployment benefits and unemployment using Swedish regional data. To estimate the … effect of an increase in unemployment insurance (UI) on unemployment we exploit the ceiling on UI benefits. The benefit … find fairly robust evidence suggesting that the actual generosity of UI does matter for regional unemployment. Increases in …