models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …

EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics … destruction effect is stronger, thus raising the unemployment rate. …

relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …

We examine the drivers of youth unemployment in Poland and Spain, countries where youth have a marginalised labour … market position. We decompose the trends in unemployment rates in 1990-2011. We disentangle the role of prolonging job search … and the impact of dismissals. The contribution of these two factors to the changes in unemployment rates is compared …

key variables - unemployment and vacancies - relative to the variation in the shock variables. Shimer identifes the … unemployment and vacancies whilst retaining the standard wage determination process. We set out a model with two important changes … unemployment and vacancy series to match the data; we confirm for the UK that the Mortensen-Pissarides model cannot, as shown by …

allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …

year time horizon, are in a statistical sense close to invisible with respect to employment and unemployment stocks, and … likely any period at all, of unemployment. Our results should not be taken to mean that economic policy reform is costless to …