sector in a model of equilibrium unemployment. We find that higher firing costs may even reduce temporary work agency …

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 …

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy …--on the theories` ability to predict some salient stylized facts about unemployment behavior. The paper considers four types …

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …

We empirically investigate how two-tier unemployment compensation schemes affect the profile of re-employment hazards …-employment hazard. Our results indicate that two-tier unemployment compensation schemes might create a long-term unemployment trap: If … employers rank applicants by their duration in unemployment, incentivizing all job seekers to exert higher search efforts may …

sector in a model of equilibrium unemployment. We find that higher firing costs may even reduce temporary work agency …