In theoretical literature, the effects of employment protection on unemployment are ambiguous. Higher employment … can unambiguously increase unemployment. Interestingly, I find that tightening the restrictions on redundancies and …

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy …--on the theories` ability to predict some salient stylized facts about unemployment behavior. The paper considers four types …

properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is … unemployment and of jobs out of the market (the ‘job destruction’ flow). Steady-state equilibrium is at the point where the two …

labor market, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will …

on their interactions with the profile of unemployment benefits and with active labor market programs …

on their interactions with the profile of unemployment benefits and with active labor market programs. -- unemployment … ; search-matching equilibrium ; wage bargaining ; reductions of social security contributions ; unemployment insurance ; labor …

-skilled non employed workers, when their employability decreases as the unemployment spell lengthens. We show that the unemployed … minimum length of the unemployment spell. However, workers should be recruited before they become discouraged and stop … searching. We also show that for broad range of the parameters the optimal income support scheme takes the form of unemployment …

composition of unemployment (rationing versus frictional) influences the way firing costs affect employment. The model suggests … that firing costs lead to a strong adverse employment effect if unemployment is mainly caused by job rationing, whereas in … indicate that for two of the three wrongful-dismissal laws investigated, unemployment composition is crucial for the induced …