countries’ standards, keeping domestic consumption growth at surprisingly low levels. As a consequence, despite the size of its …

-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare … German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …

This paper is the first to use program administrative data from Brazil's National Employment System (SINE) to assess … evaluate the impact of SINE on employment probability, wage rates, time until reemployment, and job tenure. Difference …

This paper is the first to use program administrative data from Brazil's National Employment System (SINE) to assess … evaluate the impact of SINE on employment probability, wage rates, time until reemployment, and job tenure. Difference …