The Mortensen-Pissarides model with unemployment benefits and taxes has been able to account for the variation in … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …

A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates …

This paper summarizes the evolution of labor markets and labor market institutions and policies in the countries of … Central and Eastern Europe as well as of Central Asia over the last two decades. The main focus is on the evolution of labor … market institutions, which are among candidate explanations for the very diverse trajectories of labor markets in the region …

inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the …How does the asymmetry of labor market institutions affect the adjustment of a currency union to shocks? To answer this … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries …

associated with a more regulated labor market, lower unemployment benefit replacement rates, and a smaller tax wedge on labor. We …This paper investigates the relationship between political instability and labor market institutions. We develop a … an incumbent government to choose labor market institutions that create wage rents and divert resources from public good …

This paper assesses the impact that the 2009 Great Recession had on individual's transitions to and from unemployment … in Ireland. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from … employment to unemployment increased. The impact of some of the factors identified as contributing to the likelihood of a …

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 …