. 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 …

61,000 persons in Spain in 1985 when unemployment exceeded 20%--to examine the effect of unemployment insurance (UI) and … family serves as a form of welfare; (3) hazard rates linking the chances of job finding to duration of unemployment in the … 1981-85 period of massive joblessness did not decline with duration; (4) the length of unemployment spells reduces wages …

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 …

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

This paper argues that hysteresis helps explain the long-run behavior of unemployment. The natural rate of unemployment … is influenced by the path of actual unemployment, and hence by shifts in aggregate demand. I review past evidence for …