The paper presents a general equilibrium model of search unemployment that incorporates absence from work as a distinct … labor force state. Absenteeism is driven by random shocks to the value of leisure that are private information to the …

This paper analyses the potential impacts of introducing unemployment insurance (UI) in middle income countries using … the case of Malaysia, which today does not have such a system. The analysis is based on a job search model with … unemployment and three employment sectors: formal and informal wage employment, and self employment. The parameters of the model …

average 10 days longer in unemployment (5% relative to the mean). Results show large heterogeneity in the economic value of …

50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI …

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …

This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …

specific unemployment insurance scheme for young labor market entrants. This scheme entitles youths with no or little labor … market experience to unemployment benefits after a waiting period of one year. As of 2015, the Belgian government …

exist because of valuable job-matches, unemployment among high-productivity laid-off workers may be optimal from societal … unemployment instead of low-wage jobs, resulting in an inefficient level of unemployment. This paper shows that in such cases, a re …

, compared to non-participation, ES are effective for workers with little access to informal search channels, and SBA works for …