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 …

unemployment as well as across different subgroups of participants. We find that participating in short-term training reduces the … remaining time in unemployment and moderately increases job stability. Long-term training programs initially prolong the … remaining time in unemployment, but once the scheduled program end is reached participants exit to employment at a much faster …

This paper investigates regional or international transfers as a means to prevent immigration into unemployment. We … analyze a two-country model with free migration in which the rich country is characterized by minimum wage unemployment … stronger productivity growth in the poor country, reducing both migration flows and unemployment in the rich country. This …

Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity … model may have, a low and stable unemployment rate is not automatically among them since the basic flexicurity properties … were also in place during the 1970s and 1980s where high and persistent unemployment was prevalent. Labour market …

We investigate how continental European unemployment can be reduced without reducing unemployment benefits and without … reducing the net income of low-wage earners. Lower unemployment replacement rates reduce unemployment, the net wage and … unemployment benefits. A lower tax on labour increases net wages and - for certain benefit-systems - unemployment benefits as well …

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade … unions lower their claims for wage mark-ups resulting in lower wage growth and lower unemployment. This paper uses …

. Second, we apply it to test for breaks in the unemployment rate in the US, the UK and Japan. Our results shed some light on … the empirical relevance of alternative unemployment theories for these countries. Specifically, a structuralist …

unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …

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

Is unemployment the overwhelming determinant of domestic violence that many commentators expect it to be? The … contribution of this paper is to examine, theoretically and empirically, how changes in unemployment affect the incidence of … domestic abuse. The key theoretical prediction is that male and female unemployment have opposite-signed effects on domestic …