by unemployment insurance. The model features a detailedspecification of the tax and transfer system, including … unemployment insurance benefitswhich depend on an individual's employment and earnings history. The model also capturesthe … of unemployment insurance operationalized as a reduction in the entitlementperiod generates a larger increase in …

eects of income tax and transfers on la-bor supply incentives. Additionally, the model recognizes the demand side … unemployment. We use this framework tostudy the employment eects of transforming a traditional welfare state, as is cur-rently in …

participationchange with the level of unemployment. In comparison to standard modelswith constant returns to scale in matching, agent … behaviour is more complex – themodel generates plausible joint dynamics of employment, unemployment and participationwith …

labour market (e.g. Layard, Nickell andJackman, 1991) imply that equilibrium unemployment is independent of the capitalstock …

policies on the evolving pattern of unemployment in OECD countries. Such widely used indicators as the generosity of … unemployment insurance or the strength of trade unions are neither strongly correlated individually with unemployment nor … contribute robust and well defined impacts on unemployment within increasingly sophisticated multivariate literature. Our own …