. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … ; macroeconomic volatility ; monetary policy ; firing costs ; unemployment benefits ; replacement rate …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …

positivepredictions of the model change very little, but the welfare costs of unemployment are muchlarger because unemployment risk is … distributed unequally across workers. As a result,optimal unemployment insurance may be higher and welfare is lower if hiring is …

predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is … selective. -- Labor market models ; welfare ; optimal unemployment insurance …

predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is … selective. -- labor market models ; welfare ; optimal unemployment insurance …

reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the … the existing disagreement in the macroeconomic literature on the unemployment effects of Hartz IV. We find that Hartz IV … was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal …

quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A … effect of benefits on unemployment. Our analysis shows the importance of investigating the effects of policies on the …

quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A … effect of benefits on unemployment. Our analysis shows the importance of investigating the effects of policies on the …