more dynamic. This paper studies the implications of such reforms for the duration distribution of unemployment, with … drawn from the Spanish Labor Force Survey from 1980 to 1994 to analyze the chances of leaving unemployment before and after …-parametric estimation of the model also shows that for long spells, the probability of leaving unemployment has decreased since such reform. …

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

higher post-unemployment wages but not faster matches, so aggregate matching functions are unaffected by scale. …

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 …

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 …