-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …

-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …

We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …

We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for … dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The … estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and …