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 …

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 …

We examine the optimal labor market-policy mix over the business cycle. In a search and matching model with risk …-averse workers, endogenous hiring and separation, and unobservable search effort we first show how to decentralize the constrained …- cancy subsidy, a layoff tax and unemployment benefits. We derive analytical expressions for the optimal setting of each of …

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 …

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

temporary severing of employment relationships followed by a phase of more standard labour market search and matching, we use … stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market …

"recall") unemployment, those "employed but absent from work" for unspecified reasons, or not in the labour force while … engaged in job search are beginning to increase. …