In this paper, we argue that credit market imperfections impact not only the level of unemployment, but also its … steady-state unemployment, but also slow down the transitional dynamics. We then provide an empirical illustration based on a … persistence of unemployment. …

optima, non-linear income taxation is a key complement to unemployment insurance. According to the level of the workers …

levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to their efficient values, gross wages, unemployment and participation are lower. Average tax …

We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model … efficient values, at the optimum gross wages and unemployment are lower. Average tax rates are moreover increasing in wages. The …

unemployment to employment using detailed Danish event history data obtained from administrative registers. We find large positive …

participation in unemployment spells - to assess the nature of labour market policy effectiveness. The experiment was conducted in … increases in the exit rate from unemployment ranging from 20 to 40%. When introducing time-varying indicators for the various … rate from unemployment, neither during the week in which the activity takes place, nor after the activity is completed …

on the effect of rent control on the length of individual unemployment duration. Theoretically, the effect is ambiguous …

This paper investigates the effects of home-ownership on labour mobility and unemployment duration. We distinguish … between home-ownership and unemployment duration. Our empirical findings thus lend some support for the main mechanism behind … the so-called Oswald hypothesis, even if it does not find positive correlation between unemployment duration and home …

her first six months in unemployment – enters the employment office for the first time, this model predicts whether he or …