market flows and reduce unemployment duration. Without attempting to evaluate the specific components of these Hartz reforms …

This study aims at estimating the stigma effect of unemployment and overeducation within one framework. To this end, we … from the employer side, we find evidence for a larger stigma effect of unemployment than overeducation. The stigma effect …

The generosity of the Unemployment Insurance system (UI) plays a central role for the job search behavior of unemployed … entitlement, has a negative impact on the job search activities of the unemployed increasing their unemployment duration. Despite … the disincentive effect of UI on unemployment duration, UI benefit generosity may also increase job match quality by …

causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …

unemployment. The model features both hiring freeze and bankruptcies, where the former represents a sudden shut down of vacancy … Pissarides matching model account for 10 percent of the cyclical variability of the vacancy unemployment ratio displayed by U …

predictions of the model change very little, but the welfare costs of unemployment are much larger because unemployment risk is … distributed unequally across workers. As a result, optimal unemployment insurance may be higher and welfare is lower if hiring is …