The paper examines the employment and unemployment implications of permitting unemployed people to use part of their … unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment … benefits into employment subsidies--“benefit transfers” for short--would help replace the unemployment trap by an incentive to …

vulnerabilities. Further, the paper presents operational issues faced by debt managers, including the need to develop a risk …

relations between solvency shocks and liquidity shocks. These relations are then used to model liquidity and solvency risk in a …. We define the concept of 'Liquidity at Risk', which quantifies the liquidity resources required for a financial …

employs the same or another worker, the vacancy rate increases and the unemployment rate declines. However, the scheme …

The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by …

hypotheses concerning the slow employment growth and rise in unemployment since 1990 are evaluated. The analysis indicates that a … large part of the recent rise in the unemployment rate may reflect an increase in the structural rather than the cyclical … component of unemployment. Various sources of labor market rigidities that may have contributed to the increase in structural …

The Spanish labor market is not working: the unemployment rate is structurally very high; wages are not very responsive … to labor market conditions, causing a high cyclicality of unemployment; and the labor market is highly dual. Compared … bringing the unemployment rate closer to the EU15 average. The key reform needed to reduce the share of temporary workers is …

increase in advance notice increases job to job movements, reduces unemployment flows, and has ambiguous effects on … unemployment. Results are consistent with the fact that North American and European labor markets, despite their differences in job … security provisions, experience similar turnover rates and dissimilar unemployment flows …