interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach … recessions. The framework also highlights the potential misspecification in conventional models of Okun's Law unless stringent …

This paper examines the determinants of unemployment duration in a competing risks framework with two destination … unemployment. Although we do not reject the null of proportionality, abandoning the proportionality assumption does not materially …

involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis … duration coefficient suggests that higher reservation wages negatively influence the probability of exiting unemployment …. -- reservation wages ; unemployment duration ; control function …

involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis … duration coefficient suggests that higher reservation wages negatively influence the probability of exiting unemployment …

This paper examines the effects of unemployment insurance on escape rates from unemployment using data from the 1998 … Displaced Worker Survey. Transitions from unemployment to employment are modeled using a flexible representation of the baseline … hazard function and allowing for discrete changes through time in the effects of unemployment insurance benefits, as well as …

This paper uses a unique Portuguese data set to examine the effect of unemployment benefit receipt and maximum duration … of benefits on escape rates from unemployment. The focus is on the time profile of transitions out of unemployment. The … disincentive effects of the unemployment benefit system is reported. This result obtains both in general and for the various …

This paper examines the determinants of unemployment duration in a competing risks framework with two destination … unemployment. Although we do not reject the null of proportionality, abandoning the proportionality assumption does not materially …

. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model …