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 …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …

Recent research in macroeconomics emphasizes the role of wage rigidity in accounting for the volatility of unemployment …

We document the presence of a trade-off between unemployment benefits (UB) and employment protection legislation (EPL … the strictness of EPL, the generosity of UBs and the amount of redistribution involved by the financing of unemployment …

We document the presence of a trade-off between unemployment benefits (UB) and employment protection legislation (EPL …

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 …