We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …

quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A … effect of benefits on unemployment. Our analysis shows the importance of investigating the effects of policies on the …

-employment duration, unemployment duration, and re-employment wages in the case of job displacements due to firm closures. We use … unemployment, but not in terms of wages, compared to males. Policymakers may consider the importance of implementing diverse …

two members. Households face unemployment risks but their members adjust their labor supplies to insure against … unemployment. We use the model to explain the cyclical properties of aggregate employment and participation. As in the US data, the … household against unemployment risks. …

Persistent unemployment across OECD countries has led to increasing investments in activation programmes and, as a …