This paper simultaneously investigates the effectiveness of benefit sanctions and active labour market programmes on the exit rate from un mployment using Danish data. In the data about one third of the individuals who are sanctioned also participate in some active labour market programmes...

The consequences of business cycle contingencies in unemployment insurance systems are considered in a search-matching model allowing for shifts between "good" and "bad" states of nature. We show that not only is there an insurance argument for such contingencies, but there may also be an...

The consequences of business cycle contingencies in unemployment insurance systems are considered in a search-matching model allowing for shifts between "good" and "bad" states of nature. We show that not only is there an insurance argument for such contingencies, but there may also be an...