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 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 …

insiders to firing restrictions does not necessarily worsen unemployment. In fact, it may be the willingness of a majority of … unemployment and deteriorates efficiency. Moreover, we argue, that the concentration of firm ownership is likely to influence labor …

Unemployment benefits, benefit duration, base period and qualifying period are constituent parameters of the … unemployment insurance system in most OECD countries. From economic research we know that the amount and duration of unemployment … benefits increase unemployment. To analyze the effects of the other two parameters we use a matching model with search …