. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …

generates high unemployment in equilibrium, we estimate a structural search model that incorporates both observed heterogeneity … share of youth experiencing long-term unemployment …

foregone unemployment insurance about equally erode the rewards from retaining a job, or starting a new one …

institutional settings where a policy variable (such as weekly unemployment benefits) is determined by an observed but potentially … unemployment insurance benefits on the duration of joblessness in Austria, where the benefit schedule has kinks at the minimum and …

In response to the Great Recession, the availability of unemployment insurance (UI) benefits was extended to an … individual exit from unemployment, and we compare the estimated impact with that for the prior extension of benefits during the … unemployment exit rate and a small increase in the expected duration of unemployment. The effects on exits and duration are …

unemployment rate has been about 0.8 percentage points higher than if average inflation had been on target. This is a large … unemployment cost of undershooting the inflation target …

We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment …

relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes …, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of … inflation decreases: this implies a long-run trade-off also between the volatility of unemployment and that of wage inflation …