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A policy for the size of individual unemployment accounts

Castro, Rubén; Weber, Michael; Reyes, Gonzalo - In: IZA Journal of Labor Policy 7 (2018) 9, pp. 1-11

Individual unemployment accounts (IUAs) attenuate the moral hazard attached to unemployment insurance. However, the available literature provides no policy recommendation about what percentage of the contributions should go to IUAs. We propose criteria of actuarial neutrality and use a simple...

Persistent link: https://www.econbiz.de/10012290394

Active social insurance

Røed, Knut - In: IZA Journal of Labor Policy 1 (2012), pp. 1-22

The paper argues that a comprehensive activation strategy is called for - in both unemployment and disability insurance - to minimize the conflict between income insurance and work incentives and to prevent the economic crisis from causing a long-lasting decline in labor force participation. A...

Persistent link: https://www.econbiz.de/10010331989

Introducing unemployment insurance to developing countries

Vodopivex, Milan - In: IZA Journal of Labor Policy 2 (2013), pp. 1-23

The paper analyzes key labor market and institutional features of developing countries that affect functioning of unemployment insurance: a large informal sector, weak administrative capacity, and large political risk. It argues that these countries should tailor an OECD-style unemployment...

Persistent link: https://www.econbiz.de/10010331980

Notes on behavioral economics and labor market policy

Babcock, Linda; Congdon, William J.; Katz, Lawrence F.; … - In: IZA Journal of Labor Policy 1 (2012), pp. 1-14

Labor market policies succeed or fail at least in part depending on how well they reflect or account for behavioral responses. Insights from behavioral economics, which allow for realistic deviations from standard economic assumptions about behavior, have consequences for the design and...

Persistent link: https://www.econbiz.de/10010332006

What factors contributed to changes in employment during and after the Great Recession?

Farooq, Ammar; Kugler, Adriana D. - In: IZA Journal of Labor Policy 4 (2015), pp. 1-28

Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in November 2014. Based on existing analyses and some...

Persistent link: https://www.econbiz.de/10011606562

Recent extensions of US unemployment benefits: Search responses in alternative labor market states

Valletta, Robert G. - In: IZA Journal of Labor Policy 3 (2014), pp. 1-25

In response to the 2007-09 "Great Recession," the maximum duration of U.S. unemployment benefits was increased from the normal level of 26 weeks to an unprecedented 99 weeks. I estimate the impact of these extensions on job search, comparing them with the more limited extensions associated with...

Persistent link: https://www.econbiz.de/10011606551

Effectiveness of a job vacancy referral scheme

Bollens, Joost; Cockx, Bart - In: IZA Journal of Labor Policy 6 (2017) 15, pp. 1-24

The public employment service (PES) makes use in many countries of vacancy referrals as to facilitate the matching between unemployed workers and vacancies. Based on a 'timing-of-events' approach to control for selective participation, this study evaluates whether this policy instrument enhanced...

Persistent link: https://www.econbiz.de/10011986207

Designing and implementing unemployment benefit systems in middle and low income countries: beyond risk-pooling vs savings

Robalino, David A.; Weber, Michael - In: IZA Journal of Labor Policy 2 (2013), pp. 1-20

Several middle income countries are considering reforms to their severance pay regulations to both increase flexibility for firms and better protect workers. Policy discussions then often revolve around whether to adopt an unemployment insurance (UI) scheme or unemployment individual savings...

Persistent link: https://www.econbiz.de/10010331993

Fostering job search among older workers: The case for pension reform

García-Pérez, J. Ignacio; Sánchez-Martín, Alfonso R. - In: IZA Journal of Labor Policy 4 (2015), pp. 1-34

strong early retirement penalties imposed on "regular" retirees effectively create an alternative path to early retirement …. In this paper, we explore this alternative path quantitatively. We develop a model of job search and retirement behavior … link early retirement penalties to the age at which an individual stops paying contributions. This reform removes the …

Persistent link: https://www.econbiz.de/10011606579

Fiscal consolidation and unemployment: does EPL matter? A look at EU countries

Turrini, Alessandro - In: IZA Journal of Labor Policy 2 (2013), pp. 1-18

This paper estimates the impact of fiscal consolidation on unemployment and job market flows across EU countries using a recent database of consolidation episodes built on the basis of a 'narrative' approach (Devries et al., 2011). Results show that the impact of fiscal consolidation on cyclical...

Persistent link: https://www.econbiz.de/10010331981