wage and unemployment duration. We consider a model of household job search in which the outcomes of bargaining are … unemployment duration: the more the husband earns, the longer the wife searches for a job; whereas the more the wife earns, the … sooner the husband finds a job. Secondly, an increase of $100 in unemployment insurance (UI) per month lowers employment rate …

addressing saving against unemployment risk in terms of changes in credit supply and households’ financial wealth. Time series … referring to the labor market with a recommendation to employ the subjective (perceived) unemployment expectation index rather … than the objective unemployment rate. These results are meaningful for policy implications. They emphasize the role of …

important source of uncertainty is the relationship between inflation and unemployment. This paper studies the optimal monetary … policy in the presence of uncertainty about the natural unemployment rate, the short-run inflation-unemployment tradeoff and …

This paper investigates the optimal retirement of an individual in the presence of involuntary unemployment risks and … involuntary unemployment risks and frictions in unemployment insurance markets. Using reasonably calibrated parameters, we observe … that high involuntary unemployment intensity and loading factors could be important explanations for the empirical findings …