duration dependence in unemployment benefits in a random on the job search model featuring two-sided heterogeneity. General …

country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 … those in the past by examining worker flows into and out of unemployment taking into account changes in the demographic … results indicate that the increase in the unemployment rate is driven to a larger extent by the lack of hiring (low outflows …

unemployed do not directly compete with employed job seekers. -- on-the-job search ; unemployment ; job competition ; employment …