The paper examines the employment and unemployment implications of permitting unemployed people to use part of their … unemployment benefits. It would not be inflationary since the long-term unemployed, on whom the vouchers are targeted, have little … unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment …

employed to unemployment facilitates a reduction in the level of employment protection; that unemployment benefits are lower …, the more employment reacts to wages; and that a higher level of unemployment and a right-wing government slow down the …

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 …

percent of GDP generates output and unemployment multipliers respectively of about 1.2 per cent (at one year) and 0 … output multiplier whereas it can produce a realistic unemployment multiplier but only under a special parameterization …. Extending the model to strengthen the complementarity in preferences, to include unemployment benefits, real wage rigidity and …

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

Unemployment insurance and employment protection are typically discussed and studied in isolation. ln this paper, we …, risk neutral firms, and random shocks to productivity. We show that, in the 'first best', unemployment insurance comes with … employment protection - in the form of layoff taxes; indeed, optimality requires that layoff taxes be equal to unemployment …

This Paper presents the results of an experimental study on unemployment benefit sanctions. The experimental set … that discourage the unemployed from risking benefit sanctions (the ex ante effect). We find that both effects matter … outflow from unemployment. …

most effective program to bring down unemployment. Public employment services have some impact while subsidized jobs are …