How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate … a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and … convex adjustment costs. From this model, we derive a structural equation for employment that we estimate on firm-level data …

welfare gains but gives rise to large wage differentials. -- Job search ; wage bargaining ; wage differentials ; unemployment … receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance … systems, recognizing the role of spousal employment as partial substitute for public insurance. The optimal system involves …

and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … of labor market programs on youth employment. We find that the slump in the 1990s has been associated with dramatic … increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age …

offers a brief overview and discussion of research on the labor market impacts of minimum wages (MW), unemployment insurance … (UI), and employment protection legislation (EPL). It is argued that research on UI is largely a success story, involving … market behavior, in particular the duration of unemployment, although there remains substantial uncertainty about the …

In June 1995, the Swedish parliament decided to cut the replacement rate in unemployment insurance from 80 percent to … among unemployed insured individuals. To identify the effect of the policy we exploit a quasi-experimental feature of the … benefit cut: only a fraction of the unemployed was affected by the reduction in replacement rates. We compare the evolution of …

that a decrease of say unemployment probability or an increase in unemployment insurance (UI) generosity affects saving not …

econometric testing. The evolution of the economic analysis of unemployment insurance provides a good illustration. New … the economic analysis of unemployment insurance as it has evolved since the 1970s. …

This paper examines the incentive effects caused by the interactions between unemployment insurance (UI) and sickness … sickness report rate and the length of the subsequent sick period among the unemployed are affected by (i) the limit of 300 …

worker-firm bargaining over wages, free entry of new jobs, and endogenous search effort among the unemployed. The main result …Should unemployment compensation be paid indefinitely at a fixed rate or should it decline (or increase) over a worker … s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features …