unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth. …

and those predicted to face a penalty compared to their pre-unemployment wage display overly optimistic wage expectations …

models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …

unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …

We extend the Diamond-Mortensen-Pissarides model of equilibrium unemployment to incorporate public-sector employment … unemployment rate, on the division of employment between the private and public sectors, and on the distributions of wages in the …

of labor policies (and other changes in the economy) on the composition of unemployment and on unemployment duration, as … well as on wage distributions. The effect of introducing a simple unemployment insurance scheme is then twofold. First, it … increases unemployment by allowing a greater proportion of low types not to match, which decreases output. Second, it decreases …