worker across countries. This study examines the role that labour market features and institutions have in explaining … heterogeneity in workers' skills. I found that the unemployment rate together with the welfare losses that workers experiment after … factors alone is sufficient to build these barriers. The theory also suggests that welfare policies like the unemployment …

This paper characterizes optimal unemployment insurance (UI) over the business cycle using a model of equilibrium … unemployment in which jobs are rationed in recession. It offers a simple optimal UI formula that can be applied to a broad class of … equilibrium unemployment models. In addition to the usual statistics (risk aversion and micro-elasticity of unemployment with …

The Canadian unemployment insurance program is designed to reflect the varying risk of joblessness across regions … unemployment rate. We use a dynamic, heterogeneous-agent model calibrated to Canada to analyze voters preferences between a … uniformly generous unemployment insurance and the current system with asymmetric generosity. We find that Canada's unusual …

Alternative ways to organize government subsidies to unemployment insurance (UI) are analyzed in a right …-to-manage model where industry level unions run UI funds of their own. It is shown that equilibrium unemployment is decreasing in the …

of 2009, including the unemployment, inflow, and outflow rates by workers of different educational attainment. We … the short term, but can cause a higher equilibrium unemployment rate in the long term. Employment subsidies succeed in … lowering the unemployment rate permanently, but the policy entails high fiscal costs. …

During the current labor market downturn, unemployment duration has reached levels well above its previous highs …. Analysis of unemployment data suggests that extended unemployment insurance benefits have not been important factors in the … increase in the duration of unemployment or in the elevated unemployment rate. …

This paper examines the causes of the observed increase in the average duration of unemployment over the past thirty … in the generosity and coverage of unemployment insurance. We find that changes in the composition of the labor force and … institutional changes can only partially account for the longer duration of unemployment. We construct a job search model and …