Youth unemployment is an issue of primary concern in WesternEuropean countries. In this paper we analyze dynamics in … unemployment foryouths, adults (prime-aged individuals), and elderly. We use quarterly Frenchunemployment data, stratified by … youths. Seasonaleffects affect youth unemployment mainly by fluctuations in the inflow. Theresults are used for a policy …

We study optimal government spending in a business cycle model with frictional unemployment. The Ramsey optimal policy …

We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed … the dynamic interaction between the wage tax and unemployment. (ii) Employment is boosted by budget deficits but …

minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient … the revenue losses from higher unemployment. We write this condition in terms of measurable sufficient statistics. Our …

productivity in the long run, but the economy suffers persistent unemployment in the near term. However, a pro …