rates are consistent with weakly increasing returns in matching. The resulting equilibrium is not efficient. Unemployment …

received a brochure that informed them about job search strategies and the consequences of unemployment, and motivated them to … individuals who exhibit an increased risk of long-term unemployment. For this group, the brochure increases employment and …

Unemployment benefits often reduce incentives to search for a job. Policymakers have responded to this behaviour by … setting minimum job search requirements, by monitoring to check that unemployment benefit recipients are engaged in the … search monitoring and benefit sanctions reduce unemployment duration and increase job entry in the short term. There is some …

pattern of searchunemployment does not match observed unemployment and we propose a new conceptof 'voluntary' unemployment …

Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …