the lifecycle affects aggregate labor market activity, and in particular, unemployment. While much work has been done on … environment in which unemployment arises as a natural possibility and both young and old workers find themselves contemporaneously …

We analyse the effects active labour market programmes (ALMPs) have on unemployment in a union wage-setting framework … case where ALMPs increase match efficiency of the marginalized workers, and show that ALMPs may increase unemployment. …

participationchange with the level of unemployment. In comparison to standard modelswith constant returns to scale in matching, agent … behaviour is more complex – themodel generates plausible joint dynamics of employment, unemployment and participationwith …

Unemployment benefits, benefit duration, base period and qualifying period are constituent parameters of the … unemployment insurance system in most OECD countries. From economic research we know that the amount and duration of unemployment … benefits increase unemployment. To analyze the effects of the other two parameters we use a matching model with search …

fluctuations of vacancies and unemployment in our model can replicate those observed in the US data, with labour market tightness … for the new hires and the calibration is consistent with the estimated elasticity of unemployment to unemployment benefits …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

with a permanent contract, this study compares temporary work to the alternative of unemployment. Specifically, this paper …