economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …

involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis … duration coefficient suggests that higher reservation wages negatively influence the probability of exiting unemployment …

unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past …

and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …

This paper analyses the effect of unemployment insurance generosity and active labour market policy on reemployment … to identify policy effects at the micro and macro level. Empirical evidence suggests that unemployment benefit receipt is … associated with longer reemployment duration at the individual level. Furthermore, countries with more generous unemployment …

In contrast to the recently decreasing unemployment rates in the EU, long-term unemployment remains at alarming levels … standard measures of long-term unemployment and alternative measures of long-term non-employment. Next, we take a closer look …

We propose and estimate a model where unemployment fluctuations result from self-fulfilling changes in expected … European unemployment rates. They also generate positive comovements in macroeconomic variables and a large relative volatility … fact that liquidity constrained workers, facing earnings uncertainty in the context of imperfect unemployment insurance …