Recently some authors have proposed to introduce a system of individual unemployment savings accounts as an alternative to traditional public unemployment insurance. In this paper we investigate the feasibility of individual accounts as a possible alternative route to address the...

Recently some authors have proposed to introduce a system of individual unemployment savings accounts as an alternative to traditional public unemployment insurance. In this paper we investigate the feasibility of individual accounts as a possible alternative route to address the...

Our small empirical stock-flow model for the Dutch economy, which endogenizes the adjustment dynamics to (un)employment search equilibria, identifies two mechanisms that caused persistente in labor market adjustments: (i) job competition from non-participants, and (ii) asymmetrie adjustments to...

Our small empirical stock-flow model for the Dutch economy, which endogenizes the adjustment dynamics to (un)employment search equilibria, identifies two mechanisms that caused persistente in labor market adjustments: (i) job competition from non-participants, and (ii) asymmetrie adjustments to...

This paper presents a model in which not only employed job search is endogenized, but also the phenomenon that long-term unemployed may become discouraged and stop searching for a job. When this model is applied to Dutch flow data, we find that this discouragement particularly took place in the...

This paper presents a model in which not only employed job search is endogenized, but also the phenomenon that long-term unemployed may become discouraged and stop searching for a job. When this model is applied to Dutch flow data, we find that this discouragement particularly took place in the...

This paper introduces a method to estimate the unemployed individual 's marginal willingness to pay for the remaining entitlement period by application of search theory. It is demonstrated that search theory implies that the unemployed individuals' marginal willingness to pay the remaining...

This paper introduces a method to estimate the unemployed individual ‘s marginal willingness to pay for the remaining entitlement period by application of search theory. It is demonstrated that search theory implies that the unemployed individuals’ marginal willingness to pay the remaining...

A flow model of the Dutch labour market is used to calculate the efects of autonomous labour demand and supply shocks on employment and unemployment. The model is centered around a matching function which allows for heterogeneous unemployment by taking explicitly account of POWS through various...

A flow model of the Dutch labour market is used to calculate the efects of autonomous labour demand and supply shocks on employment and unemployment. The model is centered around a matching function which allows for heterogeneous unemployment by taking explicitly account of POWS through various...