shocks. This wage flexibility is desirable as it reduces the risks of long-term unemployment building up. After accounting …

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 …

I investigate in this paper partial equilibrium labor supply responses to unemployment insurance (UI) in the US. I use … administrative data on the universe of unemployment spells in five states from 1976 to 1984, and non-parametrically identify the …

compare the performance of organisational forms (M-form and U-form) in implementing changes such as innovation and reform. In … more innovation and reform. The theory is illustrated by the organisational differences between China and the former Soviet … Union and sheds light on their different reform strategies, particularly with regard to the prevalence of the experimental …

elucidate the differences in reform outcomes, in Italy, Greece, Portugal and Spain. Our analysis shows that significant reforms …