Standard models of equilibrium unemployment assume exogenous labour market institutions and flexible wage determination …

Standard models of equilibrium unemployment assume exogenous labour market institutions and flexible wage determination …

Using time-diary data from four countries we show that the unemployed spend most of the time not working for pay in … additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment … lower amount of market work in areas of long-term high unemployment is offset by additional household production. In …

frictions and unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance … volatility and persistence of vacancies and unemployment. …

Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …, contributed to an employment shortfall equivalent to 40 percent of the missing employment decline in the recession. Another 20 … worker were consistent with the severity of the Great Recession, reduction of working time account balances substituted for …

Using time-diary data from four countries we show that the unemployed spend most of the time not working for pay in … additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment … lower amount of market work in areas of long-term high unemployment is offset by additional household production. In …

frictions and unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance … volatility and persistence of vacancies and unemployment. …

Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …, contributed to an employment shortfall equivalent to 40 percent of the missing employment decline in the recession. Another 20 … worker were consistent with the severity of the Great Recession, reduction of working time account balances substituted for …