they joined the establishment from unemployment This is supportive of equal treatment. We also show that a four parameter … series properties and co-properties of real wages, output, and unemployment, in particular the asymmetric response of wages …

labor more important for unemployment. I differentiate jobs based on their hiring pool and estimate their wage cyclicality …. The key finding is that wages in jobs hiring from unemployment are half as cyclical as wages in other jobs, for both … incumbent workers and new hires. To measure the effects of this on unemployment volatility, I develop a labor search model with …

unemployment benefits; we find that the MW is preferred by the majority of workers (even when the unemployed receive very generous … unemployment benefits). In the second model, the government engages in redistribution through the public provision of private goods … given generosity of the unemployment benefit scheme, the maximum, politically viable, MW is lower than in the absence of in …