This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

Experience rating which is often treated as a simple adjustment cost is an original feature of the US unemployment …. We provide a simple matching model of unemployment that handles both idiosyncratic and aggregate shocks. In such a …

labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary … effects on unemployment; and thus (b) that policies aimed at reforming these institutions are also complementary. These policy …) is unlikely to achieve significant reductions in unemployment. Rather, labour market reform becomes particularly …

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy … - on the ability of these theories to predict some salient stylized facts about unemployment behaviour. The paper considers …

The systematic use of experience rating is an original feature of the US unemployment benefit system. In most states …, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require … employers to contribute to the payment of unemployment benefits they create through their firing decisions. It is striking that …

. Conversely, anti-discrimination laws and quotas increase the rate of unemployment in this model. …

We develop a simple model of short- and long-term unemployment to study how labour market institutions interact with … labour market conditions and personal characteristics of the unemployed. We analyze how the decision to exit unemployment and …, taxes, unemployment insurance benefits and welfare assistance. We extend our analysis by allowing for time …