We study optimal government spending in a business cycle model with frictional unemployment. The Ramsey optimal policy …

. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …

In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original … focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration …, compositional effects and duration dependence of the exit rate out of unemployment have been investigated. Unlike the partial …

selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …

available data for fourteen OECD economies. We thendevise a method to decompose changes in unemployment into contributions … accountedfor by changes in inflow and outflow rates for cases where unemployment deviates fromits flow steady state, as it does in … unemploymentvariation within countries. For Anglo-Saxon economies we find approximately a 15:85inflow/outflow split to unemployment …

performance.<P>See also 'Does Self-Employment reduce Unemployment?' in the <A href …

rate) and unemployment in Japan for the period between 1972 and 2002. We find that, although Japan’s unemployment rate has … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …

the unemployment rates of natives. We use information on 13 local labor markets for the 1988-2008 period. The data are … indigenous workers. Also, there is evidence that: (i) medium skilled unemployment declines with immigration and (ii) labor force …

The aim of this paper is to analyze the relationship between welfare expenditure by government and unemployment … a statistically significant positive impact on unemployment outcomes (total unemployment, long-term unemployment and … youth unemployment). Among the four major components of national welfare expenditure, only income support and pension …