This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion...

This paper provides new evidence on time use and subjective well-being of employed and unemployed individuals in 14 countries. We devote particular attention to characterizing and modeling job search intensity, measured by the amount of time devoted to searching for a new job[...]

In Portugal duration of benefits is exclusively age determined while replacement rates are toall intents and purposes uniform. We exploit differences in potential maximum duration ofbenefits for nearly matched pairs of individuals who differ in age by one year and in potentialmaximum duration of...

In July 2004, the Belgian government intensified monitoring within the UnemploymentInsurance scheme. Workers claiming unemployment benefits for more than 13 months arenotified that past job-search behavior will be monitored 8 months later...

In this paper, we review the literature on the “spike” in unemployment exit rates aroundbenefit exhaustion, and present new evidence based on administrative data for a largesample of job losers in Austria. We find that the way unemployment spells are measured hasa large effect on the magnitude...

Many contributions suggest that earnings instability has increased during the 1980s and1990s. This paper develops and estimates an on-the-job search model of the labor market tostudy the contribution of wage inequality and job mobility in explaining earnings instability. Tostudy the evolution...