reemployment programs. The estimation uses data from a randomized experiment which generates exogenous variation in the threat of …

Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …

% increase in accepted wages after unemployment. …

in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …

unemployment rate and the actual unemployment rate in the country, which is a meaningful indicator of their misperception of labor … model includes: controls for the worker's ability; country-specific fixed effects; the unemployment rate in the region of … residence, which might be the benchmark respondents have in mind when reporting their perception of the national unemployment …