Showing 1 - 10 of 225
We measure the effect of unemployment benefit duration on employment. We exploit the variation induced by the decision …
Persistent link: https://www.econbiz.de/10011133502
We exploit a policy discontinuity at U.S. state borders to identify the labor market implications of unemployment … search decisions by the unemployed – the micro effect – we are guided by equilibrium labor market theory and focus on …, and a rise in unemployment. …
Persistent link: https://www.econbiz.de/10011133516
We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment …
Persistent link: https://www.econbiz.de/10011123638
In response to the Great Recession, the availability of unemployment insurance (UI) benefits was extended to an … individual exit from unemployment, and we compare the estimated impact with that for the prior extension of benefits during the … unemployment exit rate and a small increase in the expected duration of unemployment. The effects on exits and duration are …
Persistent link: https://www.econbiz.de/10010822011
We develop an empirical search-matching model which is suitable for analyzing the wage, employment and welfare impact … productivity shocks, long-term contracts, on-the-job search and counter-offers. Importantly, the model allows for the possibility … impacts from optimal unemployment insurance policy. Here optimal policy is defined as that which maximizes total output and …
Persistent link: https://www.econbiz.de/10010796609
unemployment benefit serves the purpose of lowering the search risk faced by workers. The increasing and regressive labor tax …This paper studies the optimal redistribution of income inequality in a model with search and matching frictions in the … labor market. We study this problem in the context of a directed search model of the labor market populated by homogeneous …
Persistent link: https://www.econbiz.de/10010785643
unemployment. In the optimal welfare program, assisted search is implemented between an initial spell of private search … (unemployment insurance) and a final spell of pure income support where search effort is not elicited. To be effective, job-search … search-first") emphasize private job-search and provide assistance in finding and retaining a durable employment. This paper …
Persistent link: https://www.econbiz.de/10010950714
standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using …) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the …
Persistent link: https://www.econbiz.de/10010950762
In this paper, we review the literature on the "spike" in unemployment exit rates around benefit exhaustion, and … unemployment spells are measured has a large effect on the magnitude of the spike at exhaustion, both in existing studies and in … defined by the time spent on the unemployment system. In Austria, the exit rate from registered unemployment rises by over 200 …
Persistent link: https://www.econbiz.de/10005088761
We develop an equilibrium search-matching model with risk-neutral agents and two-sided ex-ante heterogeneity … Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated …
Persistent link: https://www.econbiz.de/10005580882