We use three general equilibrium frameworks with jobs and unemployed workers to study the effects of government … mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI … representative family model with employment lotteries has no labour market frictions and complete markets. The adverse welfare state …

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

A dynamic labour matching economy is presented, in which the unemployed are either entitled to unemployment insurance … employment, the two types of unemployed workers have different threat points, which delivers equilibrium wage dispersion. Most of … unemployment, while raising UI benefits harms the unemployed on assistance and raises unemployment. Easier eligibility for UI also …

invest in general human capital or specific human capital when they enter the labor market. We analyze how unemployment …

discriminatory behaviour in the labour market. In this paper, we use administrative data to estimate ethnic differences in employment …A significant gap exists in the UK between the employment rate for Ethnic Minorities and that for Whites. From a policy … control for pre-inflow background and labour market characteristics. There is also a good degree of consistency across …

A new methodology is described which tests between various equilibrium theories of unemployment using matching data … identify a matching process using data which is recorded monthly, and also shows how to identify different unemployment … employment agency data for the UK over the period 1985-99. Although the standard random matching approach provides a reasonably …

little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration … of jobs) favours specific human capital investments. This conjecture provides, among other things, a rationale for … differences in labour mobility and reallocation costs, which are typically ignored in American ‘International Trade’ textbooks yet …

The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding … across countries. The position of the economy on the curve gives an idea as to the state of the labour market. The modern …. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

In many countries, Employment Protection Legislation (EPL) establishes different regulations for certain groups of … workers who face more disadvantages in the labour market (young workers, women, unskilled workers, etc.) with the aim of … improving their employability. Well-known examples are the introduction of atypical employment contracts (e.g. temporary and …

jobs in the regular labour market that would otherwise not be taken up by the unemployed. We also find negative effects for … traditional employment programmes operated in sheltered labour markets. For training courses the results are mixed. …In the second half of the 1990s Switzerland introduced an ambitious active labour market policy (ALMP) encompassing a …