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unemployment insurance (UI) program, leading to distortionary taxation. Calibrating the model to the U.S. economy, we find that non …
Persistent link: https://www.econbiz.de/10015197832
The costs of searching for a job vacancy are typically associated with friction that deters or delays employment of potentially productive individuals. We demonstrate that in a labor market with moral hazard where effort is noncontractible, job search costs play a positive role, whose effect may...
Persistent link: https://www.econbiz.de/10009517818
We study optimal unemployment insurance (UI) over the business cycle using a heterogeneous agent job search model with …
Persistent link: https://www.econbiz.de/10012137069
associated with high consumption value and low effort. This increases the skill mismatch and aggregate unemployment in the …
Persistent link: https://www.econbiz.de/10012142317
We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a … by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment … unemployment insurance is reduced. A revenue-neutral rebalancing of social support away from unemployment insurance and toward …
Persistent link: https://www.econbiz.de/10014373654
The benefits of implementing Unemployment Insurance Savings Accounts (UISAs) are studied in the presence of the …
Persistent link: https://www.econbiz.de/10011911462
We re-examine the impact of environmental taxation on health and output, in the presence of labor market frictions. Our main findings are that matching process and wage bargaining introduce new channels of transmission of environmental taxation on the economy such that assuming perfect labor...
Persistent link: https://www.econbiz.de/10011672535
This paper explores the role of religion in mitigating the degree to which unemployment reduces subjective well …
Persistent link: https://www.econbiz.de/10011292968
Providing unemployment insurance is particularly problematic in countries with high informality because workers can … claim unemployment benefits and work in the informal sector at the same time. This paper proposes a method to evaluate … unemployment insurance savings account (UISA) scheme can be evaluated. The method is applied to Mexico, and the results show how …
Persistent link: https://www.econbiz.de/10011303255
Persistent link: https://www.econbiz.de/10009685263