This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the United … change increases skilled wages, reduces unskilled wages and increases the unemployment rate of both skilled and unskilled …

of different job search methods, conditional unemployment benefit hikes can improve welfare when individuals are risk …

2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …

unemployment rates for both groups. The paper provides some evidence that there has been a change in the composition of jobs in the …

This paper develops the thesis that credit market frictions may be an important contributor to high unemployment in … market imperfections, so unemployment rises and remains high for an extended period. The data show that there has not been … cause of the increase in European unemployment, they may have played some role in limiting European employment growth. …

This paper argues that unemployment insurance increases labor productivity by encouraging workers to seek higher … whether this effect is comparable in magnitude to the standard moral hazard effects of unemployment insurance. Our model … economy captures the behavior of the U.S. labor market for high school graduates quite well. When unemployment insurance …