turbulenten Umfeld, welches in Form von Qualifikationsverlust während Zeiten der Arbeitslosigkeit modelliert ist, um eine …-optimal level of aggregate search. It is shown that the optimal allocation can be implemented using cyclical unemployment benefits …. Unemployment ; labor market policy ; economic turbulence ; trade liberalization ; cyclical unemployment benefits …

Can governmental policies mitigate the effects of recessions on unemployment? We study whether the Swiss short …-time work (STW) program reduced unemployment in the 2009-2015 period using quarterly establishment-level panel data linking … several administrative data sources. We compare changes in permanent layoffs into unemployment, hiring from unemployment …