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. …

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

This paper emphasizes the two-way causality between the provision of unemployment insurance and the cultural … generate a lag between the introduction of unemployment insurance and a deterioration of the work ethic. Relying on a … calibration, I argue that it can account for a substantial fraction of the history of European unemployment since World War II. As …

The paper analyses the performance of unemployment benefit systems in a search-theoretic framework. The criteria of …

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 …

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

We study the response of domestic unemployment rates to shocks in total factor productivity for economies with high … by developed nations in the last twenty years, substantially amplify the impact on the domestic unemployment rate of …

procyclical unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which does indeed … generate countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. …