overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after …

Should unemployment compensation be paid indefinitely at a fixed rate or should it decline (or increase) over a worker …'s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker … optimal insurance program implies a declining sequence of unemployment compensation over the spell of unemployment. Numerical …

Conventional models of equilibrium unemployment typically imply that proportional taxes on labor earnings are neutral … with respect to unemployment as long as the tax does not affect the replacement rate provided by unemployment insurance, i ….e., unemployment benefits relative to after-tax earnings. When home production is an option, the conventional results may no longer …

unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth. …

Individual labour market transitions from unemployment into temporary work are often succeeded by a transition from … unemployment to temporary jobs and unobserved determinants of the transition rates. The data contain multiple spells in labour … unemployment and they substantially increase the fraction of unemployed workers who have regular work within a few years after …

receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …