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unemployment benefits in response to an unemployment shock in a simple, reduced-form model of the labor market. It is found that …. Adjustment costs of changing benefits can introduce hysteresis in benefit setting and unemployment. Both (very) bad and good … temporary shocks (including monetary) can permanently reduce unemployment benefits and the unemployment rate. A desirable …
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This paper presents evidence of the effect of the recent phases of the business cycle in Spain and United States …, proxied by their respective unemployment rates, on the labor market of Colombian cities with high migration tradition. These … 2011 for urban areas in Colombia and a differences-in-differences approach, we find that unemployment rates of those …
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covering the development on an aggregate level. Estimations to shed light on the relation between unemployment and labour force … years. However, the impact of this development on unemployment is rather limited. …
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