I calculate unemployment multipliers of fiscal consolidation policies in a standard, closed-economy New Keynesian … percentage of family firms in the labor force. I find that fiscal austerity raises unemployment. Both at peak and cumulatively …, unemployment reacts least when the budget is consolidated by increasing the rate of value-added tax. At peak, the highest increase …

employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early …

analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …