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We examine empirically the impacts of labor market policies - in terms of unemployment insurance (UI) and active labor … expected unemployment duration, while improving the quality of the resultant job. Participation in ALMP raises the probability …
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a ‘solidary pension fund’ on the sorting of workers between unemployment, formal and informal employment, as well as on …
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Recent research documents mounting evidence for sizable and persistent biases in individual labor market expectations. This paper incorporates subjective expectations into a general equilibrium labor market model and studies the implications of biased expectations for wage bargaining, vacancy...
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increase steady state unemployment although counseled job seekers exit unemployment at a higher rate than the non …-counseled. Dynamic analysis shows that permanent and transitory policies can have effects of opposite sign on unemployment …
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