multiple equilibria as a result of the fact that the reservation wage of the unemployed and the lowest production technology in …

This paper investigates long-term returns from unemployment compensation, exploiting variation from the UK JSA reform … on search effort and labor market attachment, and lower the reservation wage of the unemployed, with negative effects on … post-unemployment wages. I test these ideas on longitudinal data from Social Security records (LLMDB). Using a difference …

This Paper presents the results of an experimental study on unemployment benefit sanctions. The experimental set … that discourage the unemployed from risking benefit sanctions (the ex ante effect). We find that both effects matter … outflow from unemployment. …

Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment … balance between two offsetting forces: UI causes agents to seek higher-wage jobs, but also reduces wages by lengthening … unemployment. This implies a negative relationship between the UI unemployment duration and wage effects, which holds empirically …

The administration of benefits is a relatively neglected aspect of the analysis of disincentive effects of unemployment …

In this Paper we define and estimate measures of labour market frictions using data on job durations. We compare … we examine the policy effects of the minimum wage, unemployment benefits and search frictions. …

externality on unskilled jobs and weakens the labour market position of low-educated workers. This last feature changes the …This paper considers a matching model with heterogeneous jobs (unskilled and skilled) and workers (low- and high … unskilled jobs and continue to search for skilled jobs. Our findings show that on-the-job search introduces an additional source …

This Paper provides a simple matching model in which unemployed workers and employers can be matched together through … of different job search methods, conditional unemployment benefit hikes can improve welfare when individuals are risk …

program on aggregate labour market outcomes. This is done by calibrating an equilibrium search model with heterogeneous worker … skills using pre-program data and then forecasting the program impacts. We compare the forecasts to observed aggregate labour …

We survey the recent literature on the effects of active labour market policies on individual labour market outcomes … like employment and income, for adult female individuals without work in European countries. We consider skill …-training programs, monitoring and sanctions, job search assistance, and employment subsidies. The results are remarkably uniform across …