In theoretical literature, the effects of employment protection on unemployment are ambiguous. Higher employment … can unambiguously increase unemployment. Interestingly, I find that tightening the restrictions on redundancies and …

properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployment and of jobs out of the market (the ‘job destruction’ flow). Steady-state equilibrium is at the point where the two …

labor market, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will …

on their interactions with the profile of unemployment benefits and with active labor market programs. -- unemployment … ; search-matching equilibrium ; wage bargaining ; reductions of social security contributions ; unemployment insurance ; labor …

on their interactions with the profile of unemployment benefits and with active labor market programs …

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy …--on the theories` ability to predict some salient stylized facts about unemployment behavior. The paper considers four types …

We empirically investigate how two-tier unemployment compensation schemes affect the profile of re-employment hazards …-employment hazard. Our results indicate that two-tier unemployment compensation schemes might create a long-term unemployment trap: If … employers rank applicants by their duration in unemployment, incentivizing all job seekers to exert higher search efforts may …

sector in a model of equilibrium unemployment. We find that higher firing costs may even reduce temporary work agency …