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Economic theory suggests that an extension of the maximum length of entitlement for unemployment benefits increases the … duration of unemployment. Empirical results for the reform of the unemployment compensation system in Germany during the 1980s … unemployment is not directly observed. For this reason we bound the reform effect on unemployment duration over different …
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We estimate the effect of a shortening of unemployment benefit entitlements on unemployment duration. Previous studies … effect. We find evidence that the unemployed with higher pre-unemployment earnings are more likely to enter full …-in-differences ; unemployment duration ; unemployment benefits …
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The paper analyses the potential impact of stock market developments on lending behaviour from different perspectives. First we scrutinize the impact of stock market movements on the banks’ and on the borrowers’ balance sheets. Subsequently we estimate aggregate credit supply and demand...
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In this paper, we estimate the effect of different macro and micro variables on thedistribution of unemployment … duration in West Germany using censored quantile regressions. We analyze unemployment periods of more than 91,000 observations … indicating the macroeconomic environment such as the unemployment rate have a weak effect only. On the other hand, variables …
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