In Portugal real wage flexibility, at the macroeconomic level, is noticeably higher, while unemployment duration is … lower, when compared to Spain. This suggests that the hardship of being unemployed is higher in Portugal. Unemployment … benefits and family insurance, which are the main buffer against unemployment and have played different roles in both countries …

mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI … higher layoff taxes suppress frictional unemployment in less turbulent times, prevails in the models with labour market … impossible to include generous government-supplied unemployment insurance in that model without getting the unrealistic result …

prevalence of contagious disease might evolve toward growth-inhibiting social institutions and how small initial differences can …

Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment … unemployment. This implies a negative relationship between the UI unemployment duration and wage effects, which holds empirically …

number of good jobs. Minimum wages and unemployment insurance encourage workers to wait for higher wages, and therefore … often increase unemployment, will increase average labour productivity and may improve welfare. The paper then briefly … composition of jobs improves considerably in response to higher minimum wages and more generous unemployment benefits. …

The potential duration of benefits is generally viewed as an important determinant of unemployment duration. This Paper … evaluates a unique policy change that prolonged entitlement to regular unemployment benefits from 30 weeks to a maximum of 209 …

unemployment insurance on labour supply. A review of the evidence leads us to stress the importance of non-market clearing as the … framework of wage setting. Finally, the issue of structural unemployment is addressed and we conclude that structural change and … labour immobility were not such an important cause of interwar unemployment as is sometimes thought. …

also find that the quality of the post-unemployment jobs was not affected by the activation program. Both findings confirm …

econometric testing. The evolution of the economic analysis of unemployment insurance (UI) provides a good illustration. The …