-Mortensen-Pissarides model. Log linearization under- states the mean and volatility of unemployment, but overstates the volatility of labor … market tightness and the magnitude of the unemployment-vacancy correlation. Log linearization also understates the impulse … responses in unemployment in recessions, but overstates the responses in the market tightness in booms. Finally, the second …

. Spain is a paradigmatic example, with high unemployment rates and very low workforce reentry rates for unemployed workers …. Poor demand is typically blamed for this problem, but the interaction of pension rules and unemployment insurance may also … play an important role in this outcome. Generous unemployment benefits, lax search requirements for the unemployed and …

unemployment benefits. We use the 1999 unemployment insurance reform of Portugal, a quasi-natural experiment. The reform increased … the maximum duration of benefits for three groups of agents and maintained all features of the unemployment insurance for … successfully predicts the effects on the unemployment rate, the labor force participation, and the levels of unemployment and …

monthly transitions among employment, unemployment, and nonparticipation. Immigrants are found to be first fired and first … hired over the business cycle, and the aggregate unemployment gap is caused by immigrants’ higher rates in the unemployment …

. The survival analysis indicates that the flows from/to employment to/from unemployment in Latvia are determined by the …

Unemployment insurance is usually found to show negative effects in the transition from unemployment to a new job …. However, the extent to which workers' careers might improve or deteriorate as a result of the unemployment insurance system is …

between skills and unemployment flows across 37 countries. Depending on the specifically assessed domain, I document that … skills have an unconditional correlation with the log-risk-ratio of exiting to entering unemployment of 0.65-0.68 across the …