States at business cycle frequency. That being so,it can also generate large procyclical fluctuations in the vacancy-unemployment … ratio. This results from two plausible explanations, namely heterogeneity in households preferences and unemployment …

coordination frictions and rentseeking behavior. Our results indicate that jointly increasing unemployment benefits and the …

Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …

Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …