regression discontinuity design based on this exogenous change in unemployment status for this particular group of workers, we …

Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume … jobs. This form of wage rigidity does not affect job creation and thus cannot explain the unemployment volatility puzzle …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

% for a 1 pp decline in the unemployment rate. For large recessions, like the Great Recession, that implies a decline in the …

unemployment rates. To this end, we develop a matching model à la Pissarides (2000) in which homeowners are assumed to be less …

Unemployment benefits, benefit duration, base period and qualifying period are constituent parameters of the … unemployment insurance system in most OECD countries. From economic research we know that the amount and duration of unemployment … benefits increase unemployment. To analyze the effects of the other two parameters we use a matching model with search …

The Todaro Paradox states that policies aimed at reducing urban unemployment are bound to backfire: they will raise … rather than reduce urban unemployment. The aim of this paper is to reexamine this paradox in the context of efficiency wage … and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an …

on their interactions with the profile of unemployment benefits and with active labor market programs …