Existing models of equilibrium unemployment with endogenous labor market participation are complex, generate … procyclical unemployment rates and cannot match unemployment variability relative to GDP. We embed endogenous participation in a … variabilities but also generates strongly countercyclical unemployment rates. With some wage rigidity the model also matches …

composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …

reduction of unemployment benefits on the other reduce unemployment? Using the recent labour market reform in Germany as … background we find that the role of unemployment benefit reduction for the reduction of unemployment is very modest (7% of the … the observed post-reform unemployment decline. If disincentive effects of PEA reforms had been avoided, the effect could …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

obtain longitudinal estimations suggesting statistically significant negative effects from unemployment on self …-reported health and mental health in Greece. The specifications suggest that unemployment results in lower health and the …'s unemployment doubled as a consequence of the financial crisis. Unemployment seems to be more detrimental to health/mental health in …