-Mortensen-Pissarides model. Log linearization under- states the mean and volatility of unemployment, but overstates the volatility of labor … market tightness and the magnitude of the unemployment-vacancy correlation. Log linearization also understates the impulse … responses in unemployment in recessions, but overstates the responses in the market tightness in booms. Finally, the second …

unemployment benefits. We use the 1999 unemployment insurance reform of Portugal, a quasi-natural experiment. The reform increased … the maximum duration of benefits for three groups of agents and maintained all features of the unemployment insurance for … successfully predicts the effects on the unemployment rate, the labor force participation, and the levels of unemployment and …

. Spain is a paradigmatic example, with high unemployment rates and very low workforce reentry rates for unemployed workers …. Poor demand is typically blamed for this problem, but the interaction of pension rules and unemployment insurance may also … play an important role in this outcome. Generous unemployment benefits, lax search requirements for the unemployed and …

over this period, but ultimately explains little of the rise in unemployment. Third, only a small share of the increase in … unemployment can be attributed to the early retirement policies that were implemented in Europe from the 1970s up until the early … aiming to explain the European unemployment problem. …

We ask how employers contribute to unemployment scarring in the recruitment process in the German-speaking part of … unemployment in a job candidate’s CV and how this affects the chances of young applicants being considered for a vacancy. We argue … detrimental effect of early unemployment depends on how well the applicant’s profile matches the requirements of the advertised …

While unemployment rates in Europe declined after the global financial crisis until 2018/2019, the incidence of long …-term unemployment, the share of people who have been unemployed for >1 year to the total unemployed, remained high. Moreover, the COVID …-19 pandemic could aggravate the long-term unemployment. This paper explores the factors associated with long …