Unemployment insurance and employment protection are typically discussed and studied in isolation. ln this paper, we … employment protection - in the form of layoff taxes; indeed, optimality requires that layoff taxes be equal to unemployment …, risk neutral firms, and random shocks to productivity. We show that, in the 'first best', unemployment insurance comes with …

people's employment incentives and could achieve reductions in unemployment without reducing the level of support to the …We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced …

replacement rates or initial tax rates are high, while no increase in unemployment occurs when institutions are ‘employment …This Paper explains the divergent behaviour of European and US unemployment rates using a job market-matching model of … the labour market with an interaction between shocks and institutions. It shows that a reduction in TFP growth rates, an …

changes in either labour taxes or in unemployment benefits to labours costs is larger the higher are those institutional … variables. The paper also considers the effects of those institutions on the choice of labour taxes and of unemployment benefits …This paper develops a framework for studying the interactions between labour unions, fiscal policy, monetary policy and …

labour market conditions and personal characteristics of the unemployed. We analyze how the decision to exit unemployment and …We develop a simple model of short- and long-term unemployment to study how labour market institutions interact with … to mitigate human capital degradation by retraining depends on education, skill degradation, age, labour market tightness …

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. …

The consequences of business cycle contingencies in unemployment insurance systems are considered in a search … benefits are state contingent and tend to reduce the structural (average) unemployment rate, although the variability of … unemployment may increase. …

benefits. By increasing the flows in and out of unemployment into relatively highly paid temporary jobs (minimum wage), they … high unemployment rates. Their rationale was to increase job creation in a context of high firing costs that were … hindsight it seems uncontroversial that they have failed at decreasing unemployment. Evidence indicates that temporary contracts …

The potential distortions of job-search incentives caused by unemployment benefits and their financing are well known …

We argue that the efficiency of the Danish flexicurity Model, which combines high unemployment benefits with low job … citizens raises moral hazard issues which hinder the implementation of efficient public unemployment insurance. …