implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …

This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in a search model with heterogeneous … rate of unemployment. We distinguish between PMR related to entry costs and PMR that generates recurrent fixed costs. We … find that: (i) higher entry costs raise the rate of unemployment mainly through our novel selection effect, (ii) higher …

lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …

With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate …

We develop a model of job search and use it to assess the effects that the Brazilian unemployment benefit system has on … exit rates from unemployment. In our setup, unemployed workers receive job offers from the formal and informal sectors and … decide whether to accept them or wait. Only jobs in the formal sector come with unemployment benefits. After incorporating …

of in-work benefits on search intensity, participation, employment, and unemployment, compared to a framework in which …