the same individuals sampled from the inflow into unemployment. First, they were asked for their perceived probability of …

We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of … aggregate wealth moments. Our central finding is that changes to the current unemployment insurance program are valued … differently by married and single households. In particular, a more generous unemployment insurance reduces the welfare of married …

This paper examines the impact of the fourth partial revision of the law of unemployment insurance (AVIG) on … unemployment dynamics in Switzerland at a cantonal level. The authors apply the Synthetic Control Method (SCM), a matching method … unemployment rate at a cantonal level: the reform had a discernible impact on lowering the unemployment rate in the Italian- and …

The Unemployment Insurance (UI) system in the United States has played a decisive lifeline role in effectively … before - despite that the average duration of unemployment had almost doubled in the aftermath of the Great Recession. The … introduce - for example in Europe - a common unemployment insurance scheme for macroeconomic stabilization. …

We use detailed Norwegian administrative data to identify the income loss associated with the onset of unemployment and … balance sheet components. Unemployment results in a significant, long-term decline in income. Consumption decreases by about … consumption upon unemployment, while consistently dedicating a substantial part of their disposable income to mortgage commitments …

addressing saving against unemployment risk in terms of changes in credit supply and households’ financial wealth. Time series … referring to the labor market with a recommendation to employ the subjective (perceived) unemployment expectation index rather … than the objective unemployment rate. These results are meaningful for policy implications. They emphasize the role of …

unemployment. Second, we construct a New Keynesian model with heterogeneous workers and firms, incomplete asset markets, and labor … level and volatility of both the separation and unemployment rate at the cost of tying workers to less productive firms …

The Hartz IV labour market reform in 2005 triggered a substantial reduction in unemployment in Germany. At the same …