small reduction in the unemployment benefits, or introducing a small cash bonus for workers that get a new job, may have no … e.ect on unemployment in some cases, while eradicating significant levels of unemployment in other cases. Our analysis … multiple equilibria may exist in a game involving both workers and an unemployment-averse government. Furthermore, we explore a …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

' incentives to create jobs, increases unemployment, and lowers GDP. To quantify the effects of this novel channel, we extend the … counterfactual exercises. We find that the adverse effects of our mechanism on the economy's TFP, GDP, and unemployment are sizable. …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

unemployment to disability and no impact on the transition rate to employment or inactivity. More precisely, individuals just below …