unemployment policies. In our model, firms face a pool of applicants and observe unemployment duration and a signal about … recent evidence from audit studies. Optimal policy takes into account that unemployment benefits can affect hiring … probabilities by making unemployment duration more or less informative and by changing the applications-per-vacancy ratio due to …

Individual labour market transitions from unemployment into temporary work are often succeeded by a transition from … unemployment to temporary jobs and unobserved determinants of the transition rates. The data contain multiple spells in labour … unemployment and they substantially increase the fraction of unemployed workers who have regular work within a few years after …