offers, the determinants of reservation wages, transitions out of unemployment, and accepted wages. In this exploratory … treatment, we report that the arrival rate of job offers declines precipitously with jobless duration and age; that reservation … wages do decline with the jobless spell (and aggregate unemployment); that transitions out of unemployment exhibit strong …

between a high-skill and a low-skill sector. Two public policy targets - maximizing the global employment level and optimizing … countries, maximizing employment would imply higher educational spending than that required for the social surplus to reach its …

This study examines whether the distribution of aggregate unemployment by duration affects individual well-being. Two … distribution of aggregate unemployment by duration on individual well-being. We find significant evidence in favor of both the … more so the risk of being out of work for 4 to 12 months. -- unemployment ; unemployment duration ; life satisfaction …

unemployment durations by various exit states before and after the reform. We find that transitions to employment as well as … unemployment durations have hardly changed in quantitative terms, but the importance of different active labour market policies and …