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, inflation and unemployment, we detect a wrong sign in the response of inflation to contractionary monetary policy shocks … significant unemployment inflation trade-off emerges. These conclusions are confirmed by using industrial production instead of … the unemployment rate in the VAR model. …
Persistent link: https://www.econbiz.de/10013168711
Persistent link: https://www.econbiz.de/10014555703
The paper deals first with the characters of unemployment and inflation and their trend in the EMU. Then it underlines …
Persistent link: https://www.econbiz.de/10013431105
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 …
Persistent link: https://www.econbiz.de/10012202383
Unemployment insurance provides temporary cash benefits to eligible unemployed workers. Benefits are sometimes extended … offers throughout their spell of unemployment. The welfare consequences of misperceiving the probability and length of an …
Persistent link: https://www.econbiz.de/10014391730
the same individuals sampled from the inflow into unemployment. First, they were asked for their perceived probability of … nach Eintritt in die Arbeitslosigkeit. Erstens wurden Arbeitslose kurz nach Beginn der Arbeitslosigkeit nach ihrer …
Persistent link: https://www.econbiz.de/10014478868
This paper aims to examine the economic impact of the implementation of an unemployment insurance (UI) program for … welfare compared to other social protection systems such as unemployment assistance. …
Persistent link: https://www.econbiz.de/10015062550
I use longitudinal data from the Panel Study of Income Dynamics (PSID) to measure the extent to which an unemployment … Unemployment Insurance using state-by-year variation in the UI program. I find that unemployment increases the probability a worker …
Persistent link: https://www.econbiz.de/10012292595
study the disincentive effect of unemployment insurance on (formal) reemployment in Brazil, and show that our bounds remain …
Persistent link: https://www.econbiz.de/10012315672
-finding rates and the more standard view of negative effects. When unemployment compensation, if any, is low enough, we argue that … conclusion as well. Looking specifically at unemployment compensation, its optimal level is generally higher than when a lower …
Persistent link: https://www.econbiz.de/10012195781