The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy …--on the theories` ability to predict some salient stylized facts about unemployment behavior. The paper considers four types …

-skilled non employed workers, when their employability decreases as the unemployment spell lengthens. We show that the unemployed … minimum length of the unemployment spell. However, workers should be recruited before they become discouraged and stop … searching. We also show that for broad range of the parameters the optimal income support scheme takes the form of unemployment …

composition of unemployment (rationing versus frictional) influences the way firing costs affect employment. The model suggests … that firing costs lead to a strong adverse employment effect if unemployment is mainly caused by job rationing, whereas in … indicate that for two of the three wrongful-dismissal laws investigated, unemployment composition is crucial for the induced …

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …

sector in a model of equilibrium unemployment. We find that higher firing costs may even reduce temporary work agency …