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

-firm wage differentials by differences in labour productivity and job turnover. More precisely, our model predicts that the … lower unemployment risks within their firm. In our model, wages are set to maximize a Nash bargain criterion, and according …

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. …

matching model of a rigid labour market including firing costs, temporary jobs and a minimum wage in order to analyse this …The systematic use of experience rating is an original feature of the US unemployment benefit system. In most states …, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require …

OECD countries faced largely divergent employment rates during the last decades. But the whole bulk of the cross …. This paper argues that family labour supply interactions and cross-country heterogeneity in family culture are key for … explaining these stylized facts. First we provide a simple labour supply model in which heterogeneity in family preferences can …

, unemployment and capital accumulation. First, we recover the partial equilibrium over-employment phenomenon put to the fore by …. Further, with heterogeneous labour, higher relative bargaining power for some groups leads quite generally to over-employment … of workers is actually detrimental to employment when labour is considered as an homogeneous input. Finally, the hold …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

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 …