between high wages and low unemployment risk. A higher marginal tax rate shifts the trade-off in favor of low unemployment … risk, whereas a higher tax burden or unemployment benefit has the opposite effect. Changes in unemployment generate fiscal … and that the provision of unemployment insurance justifies a positive marginal tax rate even without income heterogeneity …

German unemployment insurance system to estimate how the dynamics of search effort respond to caseworker meetings and vacancy …

unemployment insurance (UI) program, leading to distortionary taxation. Calibrating the model to the U.S. economy, we find that non …

Unemployment Insurance (UI) scheme in which job search requirements are imposed on UI recipients with hyperbolic preferences. We …

Unemployment Insurance (UI) scheme in which job search requirements are imposed on UI recipients with hyperbolic preferences. We …

In many search models of the labor market, unemployment insurance (UI) is conveniently interpreted as the value of … two equilibrium models of unemployment: random search and directed search. In a random search model without taxes … can be internalized and efficiency can be re-established. -- directed search ; random search ; unemployment insurance …

How the provision of unemployment benefits affects employment and unemployment is a debated issue. In this paper, we … job market with search effort and labor force participation decisions while varying the maximum length of unemployment … effort when unemployment benefits are extended. However, individuals are more likely to participate in the labor force and to …

Should unemployment compensation be paid indefinitely at a fixed rate, or should it decline (or increase) over a worker …'s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker … optimal insurance program implies a declining sequence of unemployment compensation over the spell of unemployment. Numerical …

Should unemployment benefits be paid indefinitely at a fixed rate, or should it decline (or increase) over a worker …'s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker … optimal insurance program implies a declining benefit sequence over the spell of unemployment. Numerical calibrations of the …

In the United States, workers whose past earnings were below a threshold are generally ineligible for unemployment …