Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard … develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment … housing costs, and lower unemployment rates. Although workers can move freely to arbitrage away differences in expected …

Using data from a social experiment, we estimate the impact of training on the duration of employment and unemployment … unemployment spells lead to biased estimates of the effects of training. We present and implement several econometric approaches … unemployment spells …

Reemployment bonus experiments offer large lump sum payments to unemployment insurance (UI) recipients who find a job … Illinois and discusses the implications of the experiments for theories of unemployment and policy design. I examine the hazard … rate of exit from unemployment and find that it is significantly higher for the experimental groups, but only during the …

laws, permanent unemployment subsidies, firing costs, etc. Such policies create incentives to develop and adopt labor …

Two key facts about European unemployment must be explained: the rise in unemployment since the 1960s, and the … heterogeneity of individual country experiences. While adverse shocks can potentially explain much of the rise in unemployment … institutions pre-date the rise in unemployment. Based on a panel of institutions and shocks for 20 OECD nations since 1960, we find …

Colombia's unemployment rate rose to 20% during the late 1990s from less than 8% in 1994. This paper argues that this …