Showing 1 - 10 of 151
- cancy subsidy, a layoff tax and unemployment benefits. We derive analytical expressions for the optimal setting of each of … replacement rate of unemployment insurance should all rise in recessions. We find this confirmed in a calibration targeted to the …
Persistent link: https://www.econbiz.de/10011489652
We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …
Persistent link: https://www.econbiz.de/10012064016
cyclicality of task changes among employer-to-employer movers contrasts sharply with that of hires from unemployment. We link our …-to-employer transitions and a sullying effect tied to employer changes through unemployment. …
Persistent link: https://www.econbiz.de/10015193675
Unemployment insurance (UI) acts both as a disincentive for labor supply and as a demand stimulus, which may explain … disincentive effects arising from the largest expansion of UI in U.S. history, the pandemic unemployment benefits. Using high …
Persistent link: https://www.econbiz.de/10015414968
Persistent link: https://www.econbiz.de/10001417448
German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical)unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …
Persistent link: https://www.econbiz.de/10011490127
stock and flow data to understand key developments. We find dramatic changes in employment, unemployment and labour market … persistence in depressed employment rates. …
Persistent link: https://www.econbiz.de/10012591149
This paper translates F.A. Hayek's informal capital theory into a dynamic equilibrium model. The focus is restricted to Hayek's largely unrecognized contribution in "Utility Analysis and Interest", published by The Economic Journal in 1936, being restated in "The Pure Theory of Capital", first...
Persistent link: https://www.econbiz.de/10012822370
This paper addresses Ludwig von Mises's business cycle theory at maturity, as advanced in his opus magnum Human Action. In this work, Mises embeds the business cycle theory which he initially developed in Theorie des Geldes und der Umlaufmittel into the broad context of his methodological...
Persistent link: https://www.econbiz.de/10012822372
of two waves of longitudinal data permits the analysis of the persistence of obesity. Results show that overall childhood … particular when depth, severity and persistence of obesity are accounted for. Girls whose mothers fail to complete secondary …
Persistent link: https://www.econbiz.de/10011561031