paper, we present a model with equilibrium unemployment which has three distinctive properties. First, using a search and …, which allows the model to reproduce the fluctuations of unemployment over the business cycle. And third, the model implies a … reasonable elasticity of steady state unemployment with respect to changes in benefits. The calibration of the model implies low …

This study examines individuals' unemployment experiences from the age of 18 up to the age of 35 using a large panel of … administrative records on unemployment related benefit claims of men in the United Kingdom over the past two decades. The main focus … is on the extent to which individuals' unemployment experiences are affected by regional and skill differences, i …

Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases …

Worksharing is considered by many as a promising public policy to reduce unemployment. In this paper we present a … evidence for the proposition that worksharing would promote employment or reduce unemployment. In an appendix we present an …

employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation …