that high unemployment makes it easier to fill vacancies; hiring appears to be determined by labour demand while frictions …

that high unemployment makes it easier to fill vacancies; hiring appears to be determined by labour demand while frictions …

We explore the implications of replacing current unemployment benefit (UB) systems by unemployment accounts (UA). Under … the UA system, employed people would be required to make ongoing contributions to their unemployment accounts, and the … balances in these accounts would then be available to them during periods of unemployment. The government would be able to …

largely unexplored, set of determinants of the effectiveness of Keynesian and supply-side economic policies. -- unemployment … ; employment ; wage setting ; labour force participation ; labour market dynamics ; unemployment persistence ; imperfect … unemployment responsiveness …

the onset of the Great Recession, underemployment among older workers has been growing more rapidly than unemployment …

The paper analyzes the wage-employment effects of replacing unemployment benefits by negative income taxes. It first … surveys the major equity and efficiency effects of unemployment benefits versus negative income taxes, and summarizes the … salient features of many European unemployment benefit systems in this light. Second, it presents a simple theoretical model …