The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as … a distinct labor force state. Absenteeism is driven by random shocks to the value of leisure that are private … among nonemployed individuals interact with their search decisions and trigger movements into and out of the labor force …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The … worker may prefer nonparticipation if the disutility of search is amplified by sickness. The decisions governing labor force …

specific unemployment insurance scheme for young labor market entrants. This scheme entitles youths with no or little labor … market experience to unemployment benefits after a waiting period of one year. As of 2015, the Belgian government …

challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance … markets are missing. The main results are: (i) outsourcing raises unemployment and labor income risk of unskilled workers; (ii … welfare optimal redistribution and unemployment insurance policies. …

Unemployment insurance (UI) sanctions in the form of benefit reductions are intended to set disincentives for UI …

unemployment. Four main results are derived: (i) the optimal size of the welfare state depends on the degree of risk-aversion and … the unemployment rate as a measure of labor income risk. The unemployment rate partly reflects the country's exposure to … globalization; (ii) corporate taxation and social insurance have equivalent effects on unemployment and outbound FDI; (iii) while an …

The paper develops an equilibrium search and matching model where two-person families as well as singles participate in … receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …

reduction in fertility is not due to the income loss generated by unemployment but arises because displaced workers undergo a …

unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …