-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases … German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …

the limitation of current unemployment and disability benefit schemes. The paper identifies possible strategies to …

present resulting from the Great Recession of 2007–09. We assess the human cost of increased unemployment by surveying what …

We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … along the curve reveals its preferences over the destruction-duration mix, while its distance from the origin indicates the …

EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics … destruction effect is stronger, thus raising the unemployment rate. …

relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …

macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual …-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …

flexibility with state-provided unemployment insurance and can be applied only to new entrants in the market without affecting the …

affects private sector employment, the unemployment level, and the unemployment duration in the transition economies of … private sector and a high unemployment level of long duration. The paper also addresses the issue of the optimal (output …