reemployment programs. The estimation uses data from a randomized experiment which generates exogenous variation in the threat of …

Unemployment Insurance benefit durations were extended during the Great Recession, reaching 99 weeks for most …-2014, we estimate the effect of extended benefits on unemployment exits separately during the earlier period of benefit …

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 …

the implications for fiscal balances and on Spain’s international competitiveness. We find that measures aiming at … reducing (policy-induced) outside option of workers, such as a decrease in unemployment benefits, public wages or, to a lesser … suggests that those reforms that are beneficial for Spain generate positive spillovers to the rest of EMU, too. …

fiscal balances and on Spain’s international competitiveness. We find that measures aiming at reducing (policy …-induced) outside option of workers, such as a decrease in unemployment benefits, public wages or, to a lesser extent, public …-constrained consumers. Our analysis also suggests that those reforms that are beneficial for Spain generate positive spillovers to the rest …