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Savings for unemployment in good or bad times : options for developing countries
Robalino, David; Vodopivec, Milan; Bodor, Andras - 2009
The paper describes and evaluates unemployment insurance savings accounts (UISAs) - a relatively new and not well … management of short and long term savings (i.e., pension wealth) while avoiding unnecessary administrative costs. The paper … comparison to developed countries. -- Unemployment insurance ; unemployment insurance savings accounts ; unemployment …
Persistent link: https://www.econbiz.de/10003905775
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Behind the Great Recession : job search and housing decisions
Rendón, Sílvio; Quella, Núria - 2013
In this paper we analyze a mechanism that is particularly relevant to the workings of the Great Recession: we explain how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of job search with liquid wealth accumulation and...
Persistent link: https://www.econbiz.de/10010222189
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Should UI benefits really fall over time?
Hassler, John; Rodríguez Mora, José Vicente - 2002
The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a tractable model allowing moral hazard, adverse selection and hidden saving. Analytical results show that when the search productivity of unemployed is constant over the...
Persistent link: https://www.econbiz.de/10011414504
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Optimal social assistance and unemployment insurance in a life-cycle model of family labor supply and savings
Haan, Peter; Prowse, Victoria L. - 2015
and savings decisions of singles and married couples. Partial insurance against wage and employment shocks is provided by … social programs, savings and the labor supplies of all adult household members. The optimal policy mix focuses mainly on …
Persistent link: https://www.econbiz.de/10010510507
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Coping with intra-household job separation in South Africa's labor market
McLaren, Zoë - 2012
separation. Instead, households rely on remittances and, to a lesser extent, savings in the wake of a job separation. I find some …
Persistent link: https://www.econbiz.de/10009613695
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Job stability, earnings dynamics, and life-cycle savings
Kuhn, Moritz; Ploj, Gašper - 2020
Labor markets are characterized by large heterogeneity in job stability. Some workers hold lifetime jobs, whereas others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using Survey of Consumer Finances (SCF) data, we document a...
Persistent link: https://www.econbiz.de/10012316760
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Short-time work and precautionary savings
Dengler, Thomas; Gehrke, Britta - 2021
, which mitigates their precautionary savings motive and aggregate demand falls by less. Using a quantitative model analysis …
Persistent link: https://www.econbiz.de/10012517675
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Duration dependence in the exit rate out of unemployment in Belgium : is it true or spurious?
Cockx, Bart; Dejemeppe, Muriel - 2002
On the basis of aggregate data for the early nineties, we analyse the determinants of unemployment duration for laid-off male workers in Wallonia (Belgium). Our results demonstrate that if ranking in recruitment occurs, the standard Mixed Proportional Hazard specification can be too restrictive,...
Persistent link: https://www.econbiz.de/10011414842
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Unemployment and endogenous reallocation over the business cycle
Carrillo-Tudela, Carlos; Visschers, Ludo - 2020
This paper studies the extent to which the cyclicality of gross and net occupational mobility shapes that of aggregate unemployment and its duration distribution. Using the SIPP, we document the relation between workers' (gross and net) occupational mobility and unemployment duration over the...
Persistent link: https://www.econbiz.de/10012228516
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Smoking and the business cycle : evidence from Germany
Kaiser, Micha; Reutter, Mirjam; Sousa-Poza, Alfonso; … - 2017
In this paper, we use data from the German Socio-Economic Panel to investigate the effect on cigarette consumption of macro-economic conditions in the form of regional unemployment rates. The results from our panel data models, several of which control for selection bias, indicate that the...
Persistent link: https://www.econbiz.de/10011724491