considered an adequate policy to reduce unemployment. From the perspective of economic theory, the outcome is in general …

of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who … can invest in risk-free physical capital and risky human capital. Unemployed households receive unemployment benefits and … employment effects: the equilibrium unemployment rate has been reduced by approximately 1.1 percentage points from 7.5 to 6 …

distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment …

Swiss policy makers created a unique link between unemployment benefits and Active Labor Market Programs (ALMPs) by … making benefit payments conditional on program attendance after 7 months of unemployment duration. We evaluate the effect of … Active Labor Market Programs and benefit entitlement on the duration of unemployment in Switzerland. In the evaluation we …

Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …