Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

The paper develops an overlapping generations model that highlights interactions between social security, unemployment … and growth. The social security system has two components: old age pensions and unemployment insurance. Pensions have a … direct effect on economic growth. Both pensions and unemployment benefits influence equilibrium unemployment caused by wage …

In most OECD countries, unemployment benefits are tied to individual previous labor earnings. We study the … market keeping the level of unemployment benefits fixed. In the two cases of competitive labor markets and decentralized wage … unemployment and Nash wage bargaining, all wages, employment and output increase, while die indexation of employirient benefits to …

Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …