chosen to maximise profit. Including taxation to fund unemployment benefits and public goods, we show that switching from …-satisfaction; bargaining ; unemployment … reducing utility and the benefits of leisure. This is contradicted by many empirical studies showing that unemployment is a …

greater when the ESOP is the product of collective bargaining or employees own a larger stake of firm equity. Employee well …

nonunionized firms. However, little research has been devoted to examining the implications of ESOPs for collective bargaining or … involve a strike. We examine these predictions using U.S. bargaining data from 1970 to 1995. The data suggest that ESOPs do … improved bargaining efficiency, we find that the announcement of a union ESOP leads to a 50 percent larger stock market …

Recent efforts to expand unemployment insurance (UI) eligibility are expected to increase low-earning workers' access …

This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …

We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on … unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted … for by the unprecedented extensions of unemployment benefit eligibility. In contrast to the existing recent literature …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and …

Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before … recipients exhausted their benefits; in 2007 (with a similar unemployment rate) 35.6 percent exhausted. This paper documents the … increase in the exhaustion rate, along with the parallel rise in long-term unemployment; examines the consequences; and reviews …