This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and … institutions, and runs it on recent data featuring dramatic shocks and controversial institutional change. Theoretical insights and … and turns of unemployment rates in Europe and elsewhere. …

in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance … unemployment, low geographical mobility and high unemployment insurance, and one American steadystate featuring low unemployment …, high mobility and low unemployment insurance. …

unemployment that are in line with the data. …

This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the … effects of institutions on unemployment. Our main results are that on the average a tighter employment protection, a higher … protection ; labour market institutions ; unemployment ; international comparison …

We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment … reduce equilibrium unemployment of low-skilled workers both in the presence and absence of labor taxation. In the presence of … outsourcing, wage tax, tax exemption and payroll tax have an ambiguous effect on equilibrium unemployment. Increasing the degree …

This paper investigates unemployment persistence in the 27 EU member states by applying fractional integration methods …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …

In recessions, unemployment increases despite the - perhaps counterintuitive - fact that the number of unemployed … workers finding jobs expands. On net, unemployment rises only because even more workers lose their jobs. We propose a theory … of unemployment fluctuations resting on this countercyclicality of gross flows from unemployment into employment. In …

This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance … search unemployment, skill depreciation during unemployment, and idiosyncratic as well as aggregate labor market risk. The …

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