unemployment, very low volatility of labour market tightness, and for a positively sloped Beveridge curve. These implications are …

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy … - on the ability of these theories to predict some salient stylized facts about unemployment behaviour. The paper considers …

of EPL varying among workers of different skills on the level and composition of unemployment, job flows, productivity …

We examine how technological change affects wage inequality and unemployment in a calibrated model of matching … the fact that, in the model calibrated to the US economy, both unemployment and vacancy durations are very short, i …

labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary … effects on unemployment; and thus (b) that policies aimed at reforming these institutions are also complementary. These policy …) is unlikely to achieve significant reductions in unemployment. Rather, labour market reform becomes particularly …

A new methodology is described which tests between various equilibrium theories of unemployment using matching data … identify a matching process using data which is recorded monthly, and also shows how to identify different unemployment … those vacancies come onto the market. In particular, these workers’ experience average durations of unemployment which …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

and by the need to reallocate workers across productive activities. The duration of unemployment and jobs and wage … policies on wages and unemployment. …