properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployment and of jobs out of the market (the ‘job destruction’ flow). Steady-state equilibrium is at the point where the two …

In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real …

reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings …

focus is to explore how the conditions in the pre-displacement firm affect the duration of unemployment. The empirical … spent in unemployment. The heterogeneity of the signalling effect across various employee subgroups in the economy is also … and in particular by the conditions in the firms in which they were previously employed. -- unemployment duration …

Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and …

This paper analyses the effect of unemployment insurance generosity and active labour market policy on reemployment … to identify policy effects at the micro and macro level. Empirical evidence suggests that unemployment benefit receipt is … associated with longer reemployment duration at the individual level. Furthermore, countries with more generous unemployment …

This paper studies how changes in extended unemployment insurance (UI) benefit affect the duration of unemployment. We … range of 44-46 who entered unemployment in the same month in the same year, we find that longer maximum benefit durations do … not lead to a decrease in the jobless hazard; the duration of unemployment is not prolonged among jobseekers who have …