This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the psychological costs of unemployment depend upon the unemployment level. The analysis reveals social … multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24-year-olds living in …

This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the social and psychological costs of unemployment depend upon the unemployment level. The theoretical … analysis reveals social multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24 …

educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …

Welfare benefits in the Nordic countries are often tied to employment. We argue that this is one of the factors behind … the success of the Nordic model, where a comprehensive welfare state is associated with high employment. In a general … higher education improves, further boosting employment in the long run. These positive effects help counteracting the …

in-work benefits on search intensity, participation, employment, and unemployment,compared to a framework in which wages …

facilitates an analysis of how wage setting and unemployment is affected by punishment policies, which is ignored in the previous …

both sectors, and (iii) reduces the unemployment rate. The effect of a higher audit rate is less clear. We find that a … ambiguous impact on unemployment and real wages. …

-tradable sector and features unemployment in general equilibrium. Firms in both sectors use labour and an imported polluting factor of … production ("energy"). A tax on energy, recycled to reduce the payroll tax, will in general affect equilibrium unemployment in … this economy. The effect works through a reallocation of employment from the tradable to the non-tradable sector. Total …