Welfare, leisure and unemployment

Axel Hall and Gylfi Zoega

Economics Letters, 2020, vol. 193, issue C

Abstract: We augment the Pissarides (2000) matching model to show that both unemployment benefits and increased bargaining power have the effect of simultaneously reducing employment and increasing the leisure enjoyed by those employed.

Keywords: Job search; Unemployment; Working hours (search for similar items in EconPapers)
JEL-codes: J63 J64 J65 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:193:y:2020:i:c:s0165176520301865

DOI: 10.1016/j.econlet.2020.109277

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