, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … with reference to the design of optimal unemployment insurance programs. …

allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …

A dynamic labor matching economy is presented, in which the unemployed are either entitled to unemployment insurance … (UI) or unemployment assistance (UA), and the employees are either eligible for UI or UA upon future separations … unemployment, while raising UI benefits harms the unemployed on assistance and raises unemployment. Easier eligibility fo r UI also …

This paper is intended to make a contribution to the empirical literature explaining the rise of unemployment since the … successfully absorb the workers released from the agriculture and industry sector. The result is higher unemployment. …

Average unemployment in Europe today is relatively high compared with OECD countries outside Europe. The majority of … countries in Europe today have lower unemployment than any OECD country outside Europe, including the US. These two fa cts are …), have very high unemployment and most of the rest have comparatively low unemployment. This variability is highly …

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …