We introduce search unemployment à la Pissarides into Melitz' (2003) model of trade with heterogeneous firms. We allow … effect of trade influences labor market outcomes. Trade liberalization lowers unemployment and raises real wages as long as …. -- Trade liberalization ; unemployment ; search model ; firm heterogeneity …

for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …

The paper contributes to the globalization debate by scrutinizing the international spillover effects which are … provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore …

rate of job destruction is sufficiently low, the unemployment rates can get close to steady-state values during the … transition. Within the realm of feasible scenarios, unemployment differentials are simultaneously determined by the speed of … destruction is fast and benefits are high. -- transition ; heterogeneous labor ; job creation ; unemployment benefit ; wage …

We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job … search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of … benefit sanctions are more effective in reducing unemployment than an across the board reduction in the replacement rate. …

The prevalence of labor unions have declined post-WWII, and this paper examines whether globalization is a contributing … distributional effects of globalization and for the future of organized labor. …

labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …This paper explicitly differentiates between unemployment and inactivity, by defining inactivity as a state in which … of large flows between employment, unemployment and inactivity. Secondly, it shows that unemployment and aggregate wages …

unemployment, there is little comprehensive evidence about the effects of activation during recessions. Here we evaluate a large … activation programme introduced in Portugal in 2012, a time of very high unemployment. This programme required specific … unemployment benefit recipients to meet jobcentre caseworkers and then participate in active labour market policies. Our analysis …

, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job … finding, and job filling within each country. This robust set of facts guides and disciplines the development of a theory of … quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment …