The chapter discusses the role played by labor market institutions in shaping the dynamics
of wages, employment, and unemployment across European countries and the United …

This book focuses on the modeling of the transitions in and out of unemployment, given the
stochastic processes that break up jobs and lead to the formation of new jobs, and on the …

Post-World War II European welfare states experienced several decades of relatively low
unemployment, followed by a plague of persistently high unemployment since the 1980s …

This paper provides new evidence on job search intensity of the unemployed in the US,
modeling job search intensity as time allocated to job search activities. The major findings …

The achievements and costs of the modern welfare state are both usually analyzed in static
terms. Some consequences of welfare-state arrangements, however, could rather be …

A general equilibrium search model makes layoff costs affect the aggregate unemployment
rate in ways that depend on equilibrium proportions of frictional and structural …

It is assumed in this paper that habits and social norms constrain the influence of economic
disincentives on individual behavior, but that these constraints themselves may …

This paper provides new evidence on the time use of employed and unemployed individuals
in 14 countries. We devote particular attention to characterizing and modeling job search …

All modern labour market theories capable of explaining involuntary unemployment as an
equilibrium phenomenon imply that increased income tax progressivity reduces …

Public finance solutions A tax shift away from low-paid labour may fight unemployment
Unemployment in Europe is heavily concentrated among low‐skilled workers. It has …