Cockx, Bart; Dejemeppe, Muriel; Launov, Andrey; Van der … - 2011
We develop and estimate a non-stationary job search model to evaluate a scheme that monitors job search effort and … unemployed to front-load search effort prior to monitoring. This causes the job finding rate to increase above the post sanction … job finding rate with minor wage losses. A basic cost-benefit analysis demonstrates that welfare losses for the unemployed …