We develop a simple model of short- and long-term unemployment to study how labour market institutions interact with … labour market conditions and personal characteristics of the unemployed. We analyze how the decision to exit unemployment and … to mitigate human capital degradation by retraining depends on education, skill degradation, age, labour market tightness …

We develop a simple model of labor market participation, human capital degradation, and re-training. We focus on how … non-participation, as a distinct state from unemployment and employment, is determined by the welfare system in … decisions to exit the labor force and to mitigate human capital degradation by re-training depend on a broad range of factors …

We develop a simple model of labor market participation, human capital degradation, and re-training. We focus on how … non-participation, as a distinct state from unemployment and employment, is determined by the welfare system in … decisions to exit the labor force and to mitigate human capital degradation by re-training depend on a broad range of factors …

trap. -- Unemployment ; Non-Participation ; Skill Degradation ; Re-training ; Unemployment Bene?ts ; Social Assistance …We develop a simple model of labor market participation, human capital degradation, and re-training. We focus on how … non-participation, as a distinct state from unemployment and employment, is determined by the welfare system in …

We develop a simple model of labor market participation, human capital degradation, and re-training. We focus on how … non-participation, as a distinct state from unemployment and employment, is determined by the welfare system in … decisions to exit the labor force and to mitigate human capital degradation by re-training depend on a broad range of factors …

labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary … effects on unemployment; and thus (b) that policies aimed at reforming these institutions are also complementary. These policy …) is unlikely to achieve significant reductions in unemployment. Rather, labour market reform becomes particularly …

costs influence insider wages and outsiders? opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …