. Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … 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 common technological shock …

in explaining the variability of unemployment and vacancies. If we incorporate long-term wage contracts into the model …

In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We … higher than in France, while the jon loss rate is much higher, putting Spain half-way between France and the US. This … suggests that while Spain has borne the full cost of its labor market reforms in terms of job precarity, the benefits in terms …

distribution of firm characteristics, sorting patterns between firms and workers, and unemployment rates that can help explaining …

education groups, and the increase in unemployment at all levels of education. In contrast, in previous literature this type of … overeducation is key to understand the response of unemployment to the technology shock. …

In our analysis we try and recover the wage loss from unemployment in Spain and see how it is affected by previous … unemployment experience, unemployment duration, eligibility for unemployment benefits, and previous wages. We also study its … France. Wages in Spain suffer from a serious mismeasurement problems that we do our best to control, so that our results are …

summarized as the very existence of unemployment generating political support for "sclerosis". This may help to explain the timid …

We analyze how unemployment, job finding and job separation rates react to neutral and investment-specific technology … shocks. Neutral shocks increase unemployment and explain a substantial portion of it volatility; investment-specific shocks … responsible for the impact response of unemployment while job finding rates for movements along its adjustment path. The evidence …