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Our conclusions are that the most important influences on unemployment come from the following. (i) The longer unemployment benefits are available the longer unemployment lasts. Similarly, higher levels of benefits generate higher unemployment, with an elasticity of around one half. On the other...
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Data from Unemployment in Britain, Economica, 1986, 53, 5121-5169. Firm-level panel data, 1976 to 1984 on 140 firms. Used in Arellano and Bond, Rev. Econ. Stud. 1991, referenced in Stata manual (xtabond) and Ox manual for DPD package.
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This paper is a preliminary draft of a chapter for the new Handbook of Labour Economics edited by Orley Ashenfelter and David Card and Published by North Holland.
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In normative public economics it is crucial to know how fast the marginal utility of income declines as income increases. One needs this parameter for cost-bene[fi]t analysis, for optimal taxation and for the (Atkinson) measurement of inequality. We estimate this parameter using four large...
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