Unemployment insurance systems include monitoring of unemployed workers and punitive sanctions if job search …-2004. We estimate duration models dealing with selection on unobservables. We use weighted exogenous sampling maximum …

This paper examines the depth and duration of the slump that invariably follows severe financial crises, which tend to … employment. The unemployment rate rises an average of 7 percentage points over the down phase of the cycle, which lasts on … average over four years. Output falls an average of over 9 percent, although the duration of the downturn is considerably …

labour market states: self-employment, employment, and unemployment. This enables us to assess the effects of changes in … unobservable individual heterogeneity, duration dependence, lagged duration dependence and state dependence. Three main results are … obtained. First, the aggregated unemployment rate is found to have a positive effect on the probability of becoming self …

between corporate spreads and Treasury rates provide evidence on duration and find that the endogenous model explains the …

end in sight. In this short paper we assess empirically what determines the duration of trade negotiations, focusing on …

a central bank is to consider whether the duration intervals of past interventions matter for future interventions. The …