German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …

We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …

unemployment, including the sharp rise in U.S. long-term unemployment during the Great Recession of 2007-09. About 75% of the … forecast error variance of unemployment is accounted for by cyclical factors-real GDP changes (?Okun‘s Law?), monetary and … dispersion of industry-level stock returns, account for the remaining 25 percent. For U.S. long-term unemployment the split …

present resulting from the Great Recession of 2007–09. We assess the human cost of increased unemployment by surveying what …

Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … search behavior do not apply. This reduces the ex ante threat of sanctions. Based on a large inflow sample into unemployment … unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We estimate multispell …

that high unemployment makes it easier to fill vacancies; hiring appears to be determined by labour demand while frictions …

This paper analyzes the effects of unemployment insurance (UI) benefits on unemployment exits and subsequent labor … lengthen nonemployment spells and decrease time spent in part-time unemployment, and thus result in more full-time unemployment …. Also the re-employment probability and post-unemployment wage are negatively affected. The results for the duration of the …

.C from 1991 to 2008, we present econometric evidence that supports that changes in state-level unemployment rates are linked … causality going from mismatches and housing conditions to unemployment rates. The numerical estimates imply that the structural … unemployment rate in 2010 was about 1¾ percentage points higher than before the onset of the housing market meltdown at end-2006 …