This paper proposes a protocol for considering the social cost of unemployment by taking into account three different … aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …

-finding rates and the more standard view of negative effects. When unemployment compensation, if any, is low enough, we argue that … conclusion as well. Looking specifically at unemployment compensation, its optimal level is generally higher than when a lower …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …

We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost … a one percentage point decline in the unemployment rate, closely approximates the estimated change in the unemployment …

policy mix of unemployment insurance agencies. We analyze unique data on three sources of information on the probability of … re-employment within 6 months (RE6), for the same individuals sampled from the inflow into unemployment. First, they were …

the same individuals sampled from the inflow into unemployment. First, they were asked for their perceived probability of …

We analyze the effect of imposed benefit sanctions on the unemployment-to-employment transition of unemployed people … entitled to unemployment compensation on the basis of register data from the German Federal Employment Agency. We combine … effects diminish with the elapsed unemployment duration until a sanction is imposed. The limited use of benefit sanctions can …