This paper analyses the potential impacts of introducing unemployment insurance (UI) in middle income countries using … the case of Malaysia, which today does not have such a system. The analysis is based on a job search model with … unemployment and three employment sectors: formal and informal wage employment, and self employment. The parameters of the model …

Although a meaningful percentage of firms are created out of unemployment and current active labor market policies in … Europe often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment … extensive margin of (self-)employment and on unemployment duration. We find heterogeneous effects on the extensive margin: while …

Although a relevant share of firms is created out of unemployment and current active labor market policies in Europe … often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment … extensive margin of (self-)employment and on unemployment duration. We find heterogeneous effects on the extensive margin: while …

Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …

In the midst of sharply rising long-term unemployment, a series of unemployment benefit (UB) eligibility extensions … ‘laws of economics' to warn that the extensions may be responsible for much of the current unemployment crisis. This … eligibility rules are not effectively enforced, so any income replacement must reduce work incentives and increase unemployment …

This paper finds that unemployment insurance sanctions substantially raise individual transition rates from … unemployment to employment. Sanctions are punitive benefits reductions that are supposed to make recipients comply with certain … minimum requirements concerning search behavior. We provide a theoretical analysis and we use a unique administrative data set …

This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes … market outcomes for a large set of OECD countries. We then ask how models with search improve our understanding of these data …. Our results are mixed. Search models are useful for interpreting the behavior of some additional data series, but search …