When unemployment prevails, relations with a particular firm are valuable for workers. As a consequence, a worker may … shirk and switch firms. Our results thus suggest that unemployment is not a necessary device to motivate workers. We also … market characterized by unemployment. Surprisingly though, this does not compromise market performance. …

We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor … observable, but not verifiable to a situation where explicit contracts are feasible. Our main result shows that unemployment is … much higher when third-party contract enforcement is absent. Unemployment is involuntary, being caused by firms' employment …

received a brochure that informed them about job search strategies and the consequences of unemployment, and motivated them to … individuals who exhibit an increased risk of long-term unemployment. For this group, the brochure increases employment and …

Right-wing extremism is a serious problem in many societies. A prominent hypothesis states that unemployment plays a … fact a significant positive relation between unemployment and rightwing criminal activities. We show further that the big … difference in right-wing crime between East and West German states can mostly be attributed to differences in unemployment. This …

autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … variation in unemployment rates, combined with little inter-regional migration. We find evidence in favor of labor market …

We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor … observable, but not verifiable to a situation where explicit contracts are feasible. Our main result shows that unemployment is … much higher when third-party contract enforcement is absent. Unemployment is involuntary, being caused by firms' employment …