the optimal policy can increase the volatility of unemployment significantly. Public sector wage and employment shocks … have mixed effects on unemployment. A wage shock raises the unemployment rate, while a reduction in the separations lowers … it. Hiring more people can increase or decrease the unemployment rate. All shocks raise the wage and crowd out employment …

This paper examines whether or not a prolonged unemployment period can raise the quality of job matching after … unemployment. We focus on job tenure as an indicator of a good quality job match after unemployment. We match two sets of Japanese … seekers receiving unemployment insurance, and the other includes information about job seekers applying for jobs.We first show …

This paper studies how changes in extended unemployment insurance (UI) benefit affect the duration of unemployment. We … range of 44-46 who entered unemployment in the same month in the same year, we find that longer maximum benefit durations do … not lead to a decrease in the jobless hazard; the duration of unemployment is not prolonged among jobseekers who have …