of unemployment. It is this body of work we assess in this paper. We reach two main conclusions. First, there has been … think for example about the relation between technological progrss and unemployment. Second, empirical knowledge lags behind … countries. We look at two issues, the relation of wages to unemployment, and the risk of European unemployment …

The recent European experience of high persistent unemployment has led to the development of theories of unemployment … hysteresis embodying the idea that the equilibrium unemployment rate depends on the history of the actual unemployment rate. This …' incumbent workers rather than by the unemployed. Duration theories explore the idea that the long term unemployed exert much …

of unemployment" as the unemployment rate consistent with a constant rate of inflation in a hypothetical state having no … relative unemployment rates. Other higher estimates of the natural unemployment rate, close to 7 percent in 1980, result from …

unemployment benefits on the duration of joblessness in Austria, and discuss implementation issues that may arise in similar …

By how much does an extension of unemployment benefits affect macroeconomic outcomes such as unemployment? Answering … this question is challenging because U.S. law extends benefits for states experiencing high unemployment. We use data … revisions to decompose the variation in the duration of benefits into the part coming from actual differences in economic …

We develop a model of self-sustaining discrimination in wages, coupled with higher unemployment and shorter employment … duration among blacks. While white workers are hired and retained indefinitely without monitoring, black workers are monitored …

that employer screening plays an important role in generating duration dependence; employers use the unemployment spell …This paper studies the role of employer behavior in generating "negative duration dependence" -- the adverse effect of … a longer unemployment spell -- by sending fictitious resumes to real job postings in 100 U.S. cities. Our results …

This paper presents new evidence on why unemployment insurance (UI) benefits affect search behavior and develops a … unemployment durations caused by UI benefits is due to a "liquidity effect" rather than distortions in marginal incentives to …

It is well known that unemployment benefits raise unemployment durations. This result has traditionally been … hazard. This paper questions this interpretation by showing that unemployment benefits can also affect durations through an … proxies such as asset holdings. I find that increases in unemployment benefits have small effects on durations in the …

duration of unemployment spells …We study the optimal design of unemployment insurance for workers sampling job opportunities over time. We focus on the … absolute risk aversion preferences, a very simple policy is optimal: a constant benefit during unemployment, a constant tax …