search and matching frictions and incorporate a US unemployment insurance experience rating system. Layoff taxes based on … experience rating finance the cost of unemployment benefits and create considerable employment adjustment costs. Our framework … helps realign the search and matching model with the empirical properties of its most salient variables. The model …

Although New Keynesian models with labor market frictions found an increase in unemployment and a decrease in labor … volatilities of unemployment and labor market tightness are not as high as their empirical counterparts. This calls for the … volatility of unemployment and labor market tightness in response to a positive technology shock compared to the model without on …

German unemployment insurance system to estimate how the dynamics of search effort respond to caseworker meetings and vacancy …

In this paper, we investigate the causes and consequences of "unclaimed" unemployment insurance (UI) benefits. A search … collecting, with improper denials accounting for 8% of the total cost. The endogenous collection costs imply the unemployment … net of vacancy costs. Moreover, this change has minimal impact on the unemployment rate. …

The labor search and matching model plays a growing role in macroeconomic analysis. This paper provides a critical …, selective survey of the literature. Four fundamental questions are explored: how are unemployment, job vacancies, and employment …

consequences of job loss. We further analyze the impact of unemployment insurance and progressive taxation for labor market … dynamics and aggregate economic activity via capital, employment and labor efficiency channels. Lower unemployment benefits or …

consequences of job loss. We further analyze the impact of unemployment insurance and progressive taxation for labor market … dynamics and aggregate economic activity via capital, employment and labor efficiency channels. Lower unemployment benefits or …

consequences of job loss. We further analyze the impact of unemployment insurance and progressive taxation for labor market … dynamics and aggregate economic activity via capital, employment and labor efficiency channels. Lower unemployment benefits or …