a breadwinner’s job loss. Firm events and local unemployment shocks are exploited as exogenous sources of variation to …

, coverage of social security does not provide enough support in coping with unemployment shocks. Instead, we find that mothers …

This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes … market outcomes for a large set of OECD countries. We then ask how models with search improve our understanding of these data …. Our results are mixed. Search models are useful for interpreting the behavior of some additional data series, but search …

This paper adds a quasi-network to a search model of the labor market. Fitting the model to an average unemployment … unemployment and job finding rates. However, the network creates downward sloping reemployment hazards which the basic model does … detail we find that the network gets partially destroyed in periods of high unemployment and generates less job creation per …

This paper analyses crucial design features of unemployment insurance (UI) policies. We examine three different means … workfare. To that end we develop a quantitative model of equilibrium unemployment. The model features worker heterogeneity … monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so …

This paper provides a review of the recent literature on how incentives in unemployment insurance (UI) can be improved … that the case for imposing a penalty on less active job search is fairly solid. A growing number of empirical studies …

This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search effort … among the unemployed is not perfectly observable. We examine to what extent the optimal policy involves monitoring of search … effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions …