The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterized by economic …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … Disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more …

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. …

distribution is endogenously determined. We use this model to analyze the comparative statics effects of increases in unemployment … compensation on the unemployment rate and aggregate welfare taking into account the induced change in the wage offer distribution … a selective increase in unemployment compensation, made available to those who impute a relatively low value to leisure …

In this paper the effects of unemployment on mental health are analysed. A simple model where both the occurrence of … and duration of unemployment are allowed to affect mental health is specified. Panel data are used to control for "fixed …