We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … exercises suggest that redundancy transfers and administrative dismissal restrictions have negligeable unemployment effects when … wages are flexible or when the minimum wage is low, but a dramatic positive impact on unemployment when there is a high …

worker's productivity is independent of his type. We show that equilibrium unemployment arises in the wage-setting game under …

50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI …

Purpose – To investigate the reasons for the persistent rise in European (Euro area) unemployment during the 1990s … the Kalman Filter. Findings – The rise in European unemployment is predominately due to the slow and incomplete reaction … unemployment between the Euro area and the USA can be accounted for by differences in labour productivity is identified as an …

age pattern affects wages and (un)employment. We develop a general equilibrium model where wages for young and old workers … relative number of older workers for a given labor force size has no effect on young and old unemployment. If, however, unions … attach a higher weight to the wishes of the old, the unemployment rate of the old (young) will increase (decrease). In this …