accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital … account (covering education and training), and a health account (covering insurance against sickness and disability). Instead … may be expected to play a substantial role in reducing unemployment, encouraging labour force participation, promoting …

traditional predictors of poor labour market outcomes (e.g. education and school dropout status), we find a strong concentration …

-the-job search is a key component in explaining labor market dynamics in models of equilibrium unemployment. The model predicts … fluctuations of unemployment, vacancies, and labor productivity whose relative magnitudes replicate the data. A standard search and … matching model suggests much lower volatitilities of these variables. Intuitively, in a boom, rising search activity on the job …

, this allows the model to generate fluctuations of unemployment, vacancies, and labor productivity whose magnitudes are …

, this allows the model to generate fluctuations of unemployment, vacancies, and labor productivity whose magnitudes are …

This paper studies optimal unemployment benefit levels and optimal proportional income tax rates over the business … cycle. Previous research suggests that policy makers should make unemployment insurance (UI) dependent on the business cycle … unemployment. An alternative way to redistribute income is to vary tax rates over the business cycle. In this paper, we develop an …

This paper studies optimal unemployment benefit levels and optimal proportional income tax rates over the business … cycle. Previous research suggests that policy makers should make unemployment insurance (UI) dependent on the business cycle … unemployment. An alternative way to redistribute income is to vary tax rates over the business cycle. In this paper, we develop an …