The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

the regional and skill dimension of mismatch unemployment, we find a substantial increase of mismatch unemployment for …

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

producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the … developed venture capital markets should help to alleviate such financial constraints. This view that labor-market institutions …

unemployment benefits reduce unemployment? Using a recent labour market reform in Germany as background, we find that an enhanced … effectiveness of the PEA explains about 20% of the observed post-reform unemployment decline. The role of unemployment benefit … the PEA could have had an even higher impact on unemployment reduction if there had been less focus on long …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

reducing unemployment compared to most continental European OECD countries. As a rule they have also been and are still ahead …

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 …

in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …