interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and … entrants (disproportionately women, youth and immigrants) and the less skilled to temporary jobs or unemployment …

exemption and the unemployment benefit payments affect domestic wage setting in the same way as in the absence of outsourcing …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …

analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …