We study the short-run effect of involuntary job loss on comprehensive measures of public health costs. We focus on job … loss induced by plant closure, thereby addressing the reverse causality problem of deteriorating health leading to job loss … as job displacements due to plant closure are unlikely caused by workers' health status, but potentially have important …

most effective program to bring down unemployment. Public employment services have some impact while subsidized jobs are …

We argue that US welfare would rise if unemployment insurance were increased for younger and decreased for older … workers. This is because the young tend to lack the means to smooth consumption during unemployment and want jobs to … accumulate high-return human capital. So unemployment insurance is most valuable to them, while moral hazard is mild. By …

dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour …

workers, that this presumption is in general misplaced: the impact of severance payments on unemployment is qualitatively … unemployment, depending on the union’s coverage of outsiders’ contracts. This prediction finds empirical support in a panel dataset …

We study a number of mechanisms through which an economy can be stuck at a high unemployment equilibrium because a poor … measures that have been undertaken to cure unemployment. The message of the paper is that curing the European unemployment …

In Portugal real wage flexibility, at the macroeconomic level, is noticeably higher, while unemployment duration is … lower, when compared to Spain. This suggests that the hardship of being unemployed is higher in Portugal. Unemployment … benefits and family insurance, which are the main buffer against unemployment and have played different roles in both countries …

-skilled workers. The stylized facts are that profits are concentrated among the high-skilled, involuntary unemployment is mostly among … the low-skilled, and private unemployment insurance is missing. This paper analyzes the effectiveness of redistribution …

-linear income taxation in the presence of quasi-linear preferences in leisure by allowing for in-voluntary unemployment, job search …

. Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … States in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies … with calibrated parameters which only differ by the degree of unemployment insurance and assume that they are hit by a …