Showing 1 - 10 of 10,002
they are likely to exist also in other countries. -- Unemployment ; Optimal Unemployment Insurance ; Liquidity Constraints …
Persistent link: https://www.econbiz.de/10009504557
precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can to some extent serve as a substitute for publicly provided unemployment insurance. -- unemployment …
Persistent link: https://www.econbiz.de/10009504553
We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job …
Persistent link: https://www.econbiz.de/10013361970
The trend towards labor market flexibility in Europe has typically involved introducing legislation that makes it easier for firms to issue temporary contracts with low firing costs, while not changing the level of protection that is in place for permanent jobs. This has created a strong...
Persistent link: https://www.econbiz.de/10011433382
The introduction of unemployment insurance savings accounts (UISA) in Chile in October 2002 introduced more … comprehensive unemployment protection while decreasing the opportunity costs of job change. Being the first to empirically …
Persistent link: https://www.econbiz.de/10010222287
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10011413675
In Portugal real wage flexibility, at the macroeconomic level, is noticeably higher, while unemployment duration is … lower, when compared to Spain. This suggests that the hardship of being unemployed is higher in Portugal. Unemployment … benefits and family insurance, which are the main buffer against unemployment and have played different roles in both countries …
Persistent link: https://www.econbiz.de/10005662198
disaggregate unemployment and in the cross-sectional differences across individuals of the duration of unemployment spells. The …-space model of Ahn and Hamilton (2016). I found that the contribution of each factor to the dynamics of disaggregate unemployment …
Persistent link: https://www.econbiz.de/10011578275
We argue that US welfare would rise if unemployment insurance were increased for younger and decreased for older … workers. This is because the young tend to lack the means to smooth consumption during unemployment and want jobs to … accumulate high-return human capital. So unemployment insurance is most valuable to them, while moral hazard is mild. By …
Persistent link: https://www.econbiz.de/10011083519
can be large in a weak labor market. However, in the long-run, subsidies raise the wage and equilibrium unemployment. …
Persistent link: https://www.econbiz.de/10011041588