an individual employer-worker match is allowed, the impact of severance payments on unemployment duration and incidence …

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 …

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 …

workers, that this presumption is in general misplaced: the impact of severance payments on unemployment is qualitatively … unemployment, depending on the union’s coverage of outsiders’ contracts. This prediction finds empirical support in a panel dataset …

Standard search and matching models of equilibrium unemployment, once properly calibrated, can generate only a small …

the answer may be no is that countries pursuing poor macroeconomic policies also have weak ‘institutions’, including … political institutions that do not constrain politicians and political elites, ineffective enforcement of property rights for … more ‘extractive’ institutions from their colonial past were more likely to experience high volatility and economic crises …