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We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a severance payment worth 1.2 months' earnings at the median lowers the fraction re-employed after a year by six percentage...
Persistent link: https://www.econbiz.de/10012905729
We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a severance payment worth 1.2 months' earnings at the median lowers the fraction re-employed after a year by six percentage...
Persistent link: https://www.econbiz.de/10013110877
they are likely to exist also in other countries. -- Unemployment ; Optimal Unemployment Insurance ; Liquidity Constraints …
Persistent link: https://www.econbiz.de/10009504557
likely to exist also in other countries -- Unemployment ; Optimal Unemployment Insurance ; Liq-uidity Constraints ; Mental …
Persistent link: https://www.econbiz.de/10009672437
likely to exist also in other countries. -- unemployment ; optimal unemployment insurance ; liquidity constraints ; mental …
Persistent link: https://www.econbiz.de/10009571745
We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a severance payment worth 1.2 months’ earnings at the median lowers the fraction re-employed after a year by seven percentage...
Persistent link: https://www.econbiz.de/10013315877
received unemployment insurance (UI) between 2014 and 2016 across 18 states to evaluate the role that UI plays in mitigating …
Persistent link: https://www.econbiz.de/10012963873
Using an administrative dataset covering 2 million job loss events we analyze the impact of unemployment insurance (UI …
Persistent link: https://www.econbiz.de/10013214968
In response to the COVID-19 pandemic, Congress expanded unemployment insurance (UI) benefits in three ways. First, it … are eligible to receive UI via the Pandemic Unemployment Assistance (PUA) program. Third, it extended the duration of …
Persistent link: https://www.econbiz.de/10013217037
precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can to some extent serve as a substitute for publicly provided unemployment insurance …
Persistent link: https://www.econbiz.de/10013110265