In Feldstein (1976) the effects of the unemployment insurance (UI) system on employment and unemployment are discussed. Feldstein's model is a pure micro model of a single firm, and the firm size is exogeneously given. In this paper the effects of the UI system is discussed in a dynamic micro...

Short term unemployment in the Danish labor market is closely related to temporary layoffs. This paper presents some facts about the structure of unemployment and the ways of financing unemployment benefit (UB) in Denmark and Sweden. Next, a simplified version of the "Feldstein-model" of...

The rate of growth of labor supply will decline or even become negative in many countries in the 1990s, and the main question in the paper is, whether this development by itself will reduce the equilibrium rate of unemployment. Labor market mismatches are imposed on a dynamic macro model, and...