We structurally estimate an equilibrium search model using German administrative data and use this for counterfactual … unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …-segment variation of the estimated effects is mostly driven by firm productivity levels rather than by search frictions or the …

This paper investigates how precisely short-term, job-search oriented training programs as opposed to long-term, human … 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 …

Unemployment Insurance (UI) scheme in which job search requirements are imposed on UI recipients with hyperbolic preferences. We …This paper develops a partial equilibrium job search model to study the behavioral and welfare implications of an … show that, if the search requirements are well chosen, a perfect monitoring scheme can in principle increase the job …

It has been noted that the search and matching model cannot account for the observed unemployment fluctuations. Gertler …

This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and … workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch … changes in the workforce distribution have non-negligible effects on unemployment rates, wages, and net output, but cannot be …

the sense that they are unable to work as much as they prefer. This paper develops a search and matching model to study … the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …

We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs …. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

downward rigidity, and magnifying the response of unemployment to negative shocks. We also consider layoffs and show that for a …