and 'services' are produced both in the market and within the households. We use the model to examine how unemployment and … services reduces unemployment whereas a tax cut on goods has no effect. A reform involving tax differentiation, with lower …

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 …

The systematic use of experience rating is an original feature of the U.S. unemployment benefit system. In most states …, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require … employers to contribute to the payment of unemployment benefits they create through their firing decisions. It is striking that …

where workers apply for just one job exhibits unemployment and absence of wage dispersion; (ii) an equilibrium where workers … apply for two or for more (but not for all) jobs always exhibits wage dispersion and, typically, unemployment; (iii) the …

being either in regular employment or registered unemployment. Our findings therefore do not lend support to the stepping …

persistent unemployment level, and wages stickiness. On the aggregate level, we observe a self-enforcing process of real income …

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 …

Standard search and matching models of equilibrium unemployment, once properly calibrated, can generate only a small …

We examine how technological change affects wage inequality and unemployment in a calibrated model of matching … that, in the model calibrated to the U.S. economy, both unemployment and vacancy durations are very short, i.e., the …