This paper provides a critical view of the cross country literature on the impact of labour market institutions and policies on the evolving pattern of unemployment in OECD countries. Such widely used indicators as the generosity of unemployment insurance or the strength of trade unions are...

In this paper we use a dynamic structural life-cycle model to analyze the employment,fiscal and welfare effects induced by unemployment insurance. The model features a detailedspecification of the tax and transfer system, including unemployment insurance benefitswhich depend on an individual's...

We construct an equilibrium random matching model of the labour market, withendogenous market participation and a general matching technology that allows formarket size effects: the job-finding rate for workers and the incentives for participationchange with the level of unemployment. In...