This paper introduces and examines a definition of an equilibrium rate of unemployment that can be used as mismatch … mismatch was expected to be increasing in the nineties. However, the estimates for Germany are against this international trend …

This paper examines the effects of the distribution of unemployment by age on the level of unemployment. We provide an … extension of the standard equilibrium unemployment model that allows for age dependent job finding probabilities and quit rates … implications of the theoretical model. The results provide the somewhat surprising evidence that the distribution of unemployment …

This paper examines the effects of the distribution of unemployment by duration on the level of unemployment. It …, the unemployment rate increases (decreases). By embodying this assumption in a standard equilibrium unemployment model we … characterize the joint behavior of unemploy- ment and the distribution of unemployment by duration. In the theoretical part of the …