stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market …

curve, which draws the classical inverse relation between the job vacancy rate and the unemployment rate, before, during …

- cancy subsidy, a layoff tax and unemployment benefits. We derive analytical expressions for the optimal setting of each of … replacement rate of unemployment insurance should all rise in recessions. We find this confirmed in a calibration targeted to the …

We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …

"recall") unemployment, those "employed but absent from work" for unspecified reasons, or not in the labour force while …

German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical)unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …

The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in … change. The proposed framework offers a novel explanation for the observed divergence of unemployment rates across economies … adoption. The results of the paper challenge the popular, but controversial, view that blames generous unemployment insurance …

dissatisfaction reflects poor economic conditions; unemployment is particularly important. Using individual level data for 16 Western …. Finally, while effects of growth and unemployment rates are the same across demographic subsets, the effect of inflation is …

abolished the dependence of unemployment insurance benefits on the elapsed unemployment duration and simultaneously introduced … unemployment duration is positive and significant. Neglecting selectivity leads to an underestimation of the effects in absolute …