In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment … wealth decreases, a finding which is in accordance with our empirical duration analysis using micro data on unemployment … spells and run down during unemployment spells but the consumption path is never going to be completely smooth over states …

to be cut, workers stronger bargaining position requires higher unemployment in equilibrium. However, inflation is more …

reciprocity and mutual obligations in the design of the welfare state. Unemployment benefits conditioned on work experience, no …

In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … unemployment rate in the Netherlands has increased somewhat. However, since the huge decline in unemployment was due to structural … improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …

Conventional models of equilibrium unemployment typically imply that proportional taxes on labor earnings are neutral … with respect to unemployment as long as the tax does not affect the replacement rate provided by unemployment insurance, i ….e., unemployment benefits relative to after-tax earnings. When home production is an option, the conventional results may no longer …

small reduction in the unemployment benefits, or introducing a small cash bonus for workers that get a new job, may have no … e.ect on unemployment in some cases, while eradicating significant levels of unemployment in other cases. Our analysis … multiple equilibria may exist in a game involving both workers and an unemployment-averse government. Furthermore, we explore a …

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 …