In mid-2008, high employment and low unemployment rates characterised the Estonian labour marketin comparison with the …, ethnic groups, and workers with different skilllevels. As Estonia entered recession in 2008, the unemployment rate almost …

the lifecycle affects aggregate labor market activity, and in particular, unemployment. While much work has been done on … environment in which unemployment arises as a natural possibility and both young and old workers find themselves contemporaneously …

age at which the individualstarts receiving disability benefits, and the increase in the local unemployment rate …

contemporary unemployment affect a young worker’s probability ofbeing invited to a job interview. In contrast to studies using … forunobserved heterogeneity. We find no evidence that recruiting employers use informationabout past unemployment to sort workers … pastunemployment as a sorting criterion suggests that the scarring effects of unemployment maynot be as severe as has been indicated by …

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 …

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 …

design of optimalunemployment insurance in an economy with unemployment as well as part-timeunemployment. Part …-time unemployment provides income insurance and serves as astepping stone to full-time jobs. Unemployment benefits for part …-timers increase the outflowfrom unemployment to part-time work but reduce the outflow from part-time work to full-timeemployment. We …