This paper introduces and examines a definition of an equilibrium rate of unemployment that can be used as mismatch …

In this paper the effects of institutional variables on unemployment are reinvestigated for nine OECD countries. The … unemployment may differ across countries, not only in absolute terms but also in terms of sign. The main results are the following …. Fourthly, based on a cross country comparison some evidence is found that some of the considered labour market institutions …

present paper investigates whether and to what extent labor market institutions can mitigate those costs. We study how life … satisfaction of European citizens is affected by employment protection and the level and duration of unemployment benefit payments … through the institutions' effect on macroeconomic outcomes). We find that the total effect of employment protection is …

and the regional unemployment rate when children are 10 years old are significantly related to the education that these …

The social costs of unemployment, in terms of unemployment's impact on European citizens' life satisfaction, relate … strongly to unemployment duration. At any level of general joblessness, reducing long-term unemployment is more important than … reducing the number of people unemployed at any point in time. -- unemployment ; unemployment duration ; life satisfaction …

This paper examines the effects of the distribution of unemployment by duration on the level of unemployment. It …, the unemployment rate increases (decreases). By embodying this assumption in a standard equilibrium unemployment model we … characterize the joint behavior of unemploy- ment and the distribution of unemployment by duration. In the theoretical part of the …

This paper examines the effects of the distribution of unemployment by age on the level of unemployment. We provide an … extension of the standard equilibrium unemployment model that allows for age dependent job finding probabilities and quit rates … implications of the theoretical model. The results provide the somewhat surprising evidence that the distribution of unemployment …

the working age population reduces overall unemployment by almost one percentage point. Long-run effects that consider …