. The former allows equilibrium unemployment to arise endogenously while the latter is responsible for equilibrium credit … rationing. This structure is used to investigate a theoretical link between the level of unemployment and the extent of credit …

First of all, we present synthetically a few empirical results regarding changes in the inflation-unemployment … years. Then, coming from a general standard model for estimating natural unemployment (Ball and Mankiw, 2002) and using four …

both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching …

-restraining effect of the tax proposed by Jackman and Layard, but in addition should help to speed the elimination of unemployment that …

This paper examines the impact of unemployment on life satisfaction for Germany 1984–2006, using a sample of men and … unemployment on life satisfaction.This paper expands on previous cornerstone research from Winkelmann and Winkelmann (1998) and … explicitly identifies truly exogenous unemployment entries starting from 1991.We find that for women in East andWest Germany …

This paper investigates the effects of using dismissal taxes to finance unemployment benefits. We compare dismissal and … account the effects their dismissal decisions have on others. By introducing dismissal taxes to finance unemployment insurance …, these externalities can partly be internalized. Taking into account the budget of the unemployment insurance, employment …

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 …