Showing 1 - 10 of 613
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 …, and a rise in unemployment. …
Persistent link: https://www.econbiz.de/10011133516
This paper uses the Italian Social Security employer-employee panel to study the effects of the Italian reform of 1990 on worker and job flows. We exploit the fact that this reform increased unjust dismissal costs for firms below 15 employees, while leaving dismissal costs unchanged for bigger...
Persistent link: https://www.econbiz.de/10005085408
This paper analyzes the effects of fixed-term contracts using a version of the Lucas and Prescott island model with undirected search. A fixed-term contract of length J is modeled as a tax on separations of workers with tenure higher than J . While in principle these policies require a very...
Persistent link: https://www.econbiz.de/10005710122
We investigate partial insurance and group risk sharing in extended family networks. Our approach is based on decomposing income shocks into group aggregate and idiosyncratic components, allowing us to measure the extent to which each is insured, having accounted for public insurance programs....
Persistent link: https://www.econbiz.de/10011240581
We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan's population can explain the level of, and past and...
Persistent link: https://www.econbiz.de/10005085098
-specific increases in unemployment causes lower income groups to lower their total expenditure outlays, contrary to the prediction of the …
Persistent link: https://www.econbiz.de/10005777506
In this paper we present an analytically tractable overlapping generations model of human capital accumulation, and study its implications for the evolution of the U.S. wage distribution from 1970 to 2000. The key feature of the model, and the only source of heterogeneity, is that individuals...
Persistent link: https://www.econbiz.de/10005714763
than does consumption. At the same time, the model is consistent with a lack of secular movements in hours and unemployment …
Persistent link: https://www.econbiz.de/10005720834
This paper characterizes the labor supply and borrowing of a household facing collateral requirements that limit its debt and compel it to accumulate equity in its durable goods stock. The household's discount rate exceeds the market rate of interest, so it would otherwise finance increased...
Persistent link: https://www.econbiz.de/10005248927