We consider an economy characterised by involuntary unemployment among low skilled workers, and investigate the … implications for employment and income of welfare schemes often advocated as less distortionary. We show that reducing unemployment … deterioration. To support employment, we suggest that systems grounded in contribution-based unemployment insurance schemes are to …

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 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 …

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 …

We investigate the relationship between unemployment and growth in China. We find considerable differences in the … find a hump-shaped relationship between unemployment and our proxy for the speed of reform. The current unemployment in … China, furthermore, appears to be close to the level associated with optimal speed of transition …

a prime contributor to the slump. We estimate that import competition from China, which surged after 2000, was a major …

2007 by exploiting industry shocks to import competition stemming from China's spectacular rise as a manufacturing exporter …