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, unemployment, and economic inactivity between 1996 and 2011. In our analyses, we distinguish between fixedterm employment, solo …
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-to-specific testing strategy reveals a recursive structure where only the unemployment rate and long-term interest rates are directly …
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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 …
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the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher … accounting for the effects of unemployment on individual wages using EU-SILC data. Across countries we find a high variation of … the effect of education on unemployment duration. Overall, the returns to education are estimated to be the highest in the …
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