inactivity traps inherent in the Polish personal transfer system, while improving the efficiency and targeting of social …

This paper studies the unemployment accelerator, a mechanism where workers directly affect the firms' financial … conditions, and, in turn, firms' financial conditions feedback again to the real economy. The unemployment accelerator builds on … in labor and financial markets. We provide compelling micro-evidence of the unemployment accelerator: a 10% increase in a …

, and a temporary impact on unemployment. However, labour market integration of immigrants (as well as integration of second …

This paper assesses the consequences of immigration for natives' unemployment in OECD countries and investigates the … raise temporarily natives' unemployment, over a period of approximately five to ten years. Anticompetitive product market … protection legislation magnifies its persistence, and a higher average replacement rate of unemployment benefits increases its …

The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits … aggregate unemployment rate. Structural estimation using a German micro-data set (SOEP) allows us to discuss the effects of a … recent unemployment benefit reform (Hartz IV). The reform reduced unemployment by only 0.3%. Contrary to general beliefs, we …

the need for unemployment insurance. It is also an opportunity to boost digitalisation and innovate with smart practices …