the ease with which individuals can move between employment, unemployment and inactivity over time. The results suggest … countries. Nonetheless, transitions from unemployment and inactivity back into the labour market are relatively weak in the euro … remaining in unemployment over two consecutive periods decreased in Sweden, the euro area, and,to a lesser extent, Denmark …

Introducing equilibrium unemployment to the solution of the intertemporal allocation of non-leisure time, we derive two …

This paper derives optimal employment contracts when workers are risk averse and there are employment and unemployment … risks. Without income insurance, consumption rises during employment and falls during unemployment. Optimal employment … dismissals are optimal if exogenous unemployment compensation is sufficiently generous. …

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

European regions have experienced a polarisation of their unemployment rates between 1986 and 1996, as regions with …

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. …