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 …

Individual unemployment spells are frequently interrupted by short casual employment, by participation in active labour … market policy (ALMP) measures or by periods outside the labour force. Such episodes end unemployment spells but afterwards … problem of being without a "real" job in the longer run. To better grasp this problem of repeated unemployment we analyse …

Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …

Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …