This paper studies the relationship between the change in the unemployment rate and output growth using an approach … based on labor market flows. The framework shows why the Okun coefficient may be constant/time-varying and/or symmetric …/asymmetric and that the outcome lies with the behavior of the labor flows in response to growth. The encompassing framework nests the …

This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement …

.1 percentage points among women. The reforms had large spillover effects to the unemployment insurance program but negligible … effects on disability insurance claims. Specifically, unemployment increased by roughly 10 percentage points both among men … government expenditures would have amounted to 264 million Euros per year. Due to higher unemployment insurance claims and …