In this paper we investigate whether unemployment traps exist and are significant in the transition from unemployment … into employment in Belgium. In order to assess them, we use panel data sample selection models. Specifically, we estimate a … periods of unemployment in the past is particularly important: long-term unemployed people have difficulties in re …

In this paper we investigate whether unemployment traps exist and are significant in the transition from unemployment … into employment in Belgium. In order to assess them, we use panel data sample selection models. Specifically, we estimate a … periods of unemployment in the past is particularly important: long-term unemployed people have difficulties in re …

This paper estimates the causal effect of long-term unemployment on wages. Job search theory implies that if … Unemployment Insurance (UI) extensions do not affect wages conditional on the month of unemployment exit, then reservation wages do … not bind on average. Then, UI extensions affect mean wages only through unemployment durations and are valid instrumental …

Statistical models can help public employment services to identify factors associated with long-term unemployment and …

. Adjustment costs of changing benefits can introduce hysteresis in benefit setting and unemployment. Both (very) bad and good … unemployment benefits in response to an unemployment shock in a simple, reduced-form model of the labor market. It is found that … temporary shocks (including monetary) can permanently reduce unemployment benefits and the unemployment rate. A desirable …