suggests that increased inactivity among older workers, the so called She-cession (particularly in the US) and shifting worker …

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy …--on the theories` ability to predict some salient stylized facts about unemployment behavior. The paper considers four types …

German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …

unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting … output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more …

rates in the business sector in the 1990s, after controlling for many institutions, country-specific effects, and economic … by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional …

, lack of sufficient formal job creation due to labor market rigidities leads to an increase in unemployment and informality …

-existing, state-specific share of workers eligible for KA. We find, first, that KA was crucial in mitigating unemployment: absent its … expansion the unemployment rate would have increased by an additional 3 pp on average at the trough of the recession. Second, KA …