We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … wages are renegotiated by mutual agreement only is introduced in a matching model with endogenous job destruction – la … are not any more neutral, as in the standard matching model where wages are continuously renegotiated: In our framework …

We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … wages are renegotiated by mutual agreement only is introduced in a matching model with endogenous job destruction - la … are not any more neutral, as in the standard matching model where wages are continuously renegotiated: In our framework …

The systematic use of experience rating is an original feature of the U.S. unemployment benefit system. In most states …, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require … employers to contribute to the payment of unemployment benefits they create through their firing decisions. It is striking that …

matching model, we estimate that about 45% of the surge in Spanish unemployment could have been avoided had Spain adopted …This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …

matching model, we estimate that about 45% of the surge in Spanish unemployment could have been avoided had Spain adopted …This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …

matching model, we estimate that about 45% of the surge in Spanish unemployment could have been avoided had Spain adopted …This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …