This study evaluates the long-term cost of unemployment in Finland by focusing on the deep recession period of the … early 1990s. The number of plant closures increased sharply during the recession and the unemployment rate rose by more than … 13 percentage points. In the analysis, prime working-age men who face unemployment due to plant closure are matched to …

In 2001 and 2002, Sweden introduced several unemployment insurance reforms. A major innovation in the first reform was … compensation during the first 20 weeks of unemployment. The 2002 reform retained the two-tiered benefit structure but involved also … unemployment to employment. We take advantage of the fact that the reforms had quasi-experimental features where the “treatments …

This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search effort … featuring indefinite payments of benefits and a system with a time limit on unemployment benefit receipt. …

In January 2003, the unemployment benefits in Finland were increased for workers with long employment histories. The … average benefit increase was 15 per cent for the first 150 days of the unemployment spell. In this paper we evaluate the … effect of the benefit increase on the duration of unemployment by comparing the changes in the re-employment hazard profiles …

This paper analyses crucial design features of unemployment insurance (UI) policies. We examine three different means … workfare. To that end we develop a quantitative model of equilibrium unemployment. The model features worker heterogeneity in …

In June 1995, the Swedish parliament decided to cut the replacement rate in unemployment insurance from 80 percent to …

This paper provides a review of the recent literature on how incentives in unemployment insurance (UI) can be improved …

probability of leaving unemployment? The experiment indicates that a relatively large fraction (one third) of the referrals do not …, especially among young people. However, we find no significant impact on the duration of unemployment. …

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …