unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes … benefit duration (PBD) within the German UI system, we find that longer PBD leads to longer actual unemployment duration for … for those individuals becoming re-employed. With increasing unemployment benefit duration, the founders’ outcomes in terms …

This paper aims to examine the economic impact of the implementation of an unemployment insurance (UI) program for … for entrepreneurs would impact the economy using a model of entrepreneurship based on a search and matching framework. The … welfare compared to other social protection systems such as unemployment assistance. …

: the large differences in unemployment risk across worker age-groups over the business cycle. Our search model features a … large real effects through firms' labor policies. Our model predicts higher unemployment risk of younger workers relative to …We show that time-varying risk premium in financial markets can explain a key yet puzzling feature of labor markets …

wage and unemployment duration. We consider a model of household job search in which the outcomes of bargaining are … unemployment duration: the more the husband earns, the longer the wife searches for a job; whereas the more the wife earns, the … sooner the husband finds a job. Secondly, an increase of $100 in unemployment insurance (UI) per month lowers employment rate …

the impact of uncertainty shocks on unemployment dynamics. Using a vector autoregression approach, we show that … uncertainty shocks measured by stock market volatility have a significant impact on the U.S. unemployment rate. We then develop a …

ambiguity aversion substantially amplifies unemployment rate volatility. Second, we show that a part of the high value of … leisure required by the canonical DMP model to generate realistic unemployment rate volatility can arise from fitting a model …

looking at the expenditure response of workers to the change in unemployment risk measured at the occupational level. We find … that occupational unemployment risk does not have a large impact on consumption expenditure. However, despite investigating … multiple forms of occupational unemployment risk for multiple expenditure categories in two expenditure surveys (PSID, CEX), we …

, particularly when households have few liquid assets. Motivated by these findings, I embed endogenous unemployment risk in a two … for aggregate shocks due to a flight-to-liquidity that occurs when unemployment risk rises. This mechanism implies that …In this paper, I show that the decline in household consumption during unemployment spells depends on both liquid and …

unemployment relative to wage employment, and that self-employment increases with this ratio. To understand the sources of these … matches, and calibrate it to match all transition rates between wage employment, unemployment and self-employment as well as … that labor market frictions affect self-employment as much as unemployment. Labor market frictions also reduce aggregate …

have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions … labor market frictions can explain almost the entire variation in not only unemployment, but also wage employment and self …