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In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI) benefits was extended to historical highs in the United States. We exploit variation in the timing and size of UI benefit extensions across states to estimate the overall...
Persistent link: https://www.econbiz.de/10010319546
Arbeitslosigkeit. Indem die Anspruchslöhne der Arbeitslosen erhöht werden, sollte die Arbeitslosenversicherung sowohl zu einer …Die Suchtheorie macht zwei komplementäre Vorhersagen über den Einfluß der Arbeitslosenversicherung auf die Dynamik von … anderen empirischen Studien, die nur den negativen Effekt der Dauer der Arbeitslosigkeit betrachten, werden im vorliegenden DP …
Persistent link: https://www.econbiz.de/10010303934
Using a random sample of U.S. unemployment insurance (UI) applicants from 2002-09, we find that unemployment duration (as measured by the time spent waiting to apply for benefits) has a negative and nonlinear effect on reservation wages, suggesting job search is a nonstationary process...
Persistent link: https://www.econbiz.de/10014176818
Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before they have found jobs, even in a strong labor market, has been gradually rising. For example, in 1973, 27.4 percent of UI recipients exhausted their benefits; in 2007 (with a...
Persistent link: https://www.econbiz.de/10009379440
This paper presents a comparison of temporary layoff behavior caused by the two most common methods of experience rating in the U.S. Unemployment Insurance system, the reserve ratio and the benefit ratio methods. Differences in layoff paths arise from different adjustment processes. Under the...
Persistent link: https://www.econbiz.de/10014218311
Blank considers how the flexibility of U.S. labor markets and the regulation and redistribution policies of European labor markets may determine employers' responses to worldwide economic transformations that result in increasing wage disparity in the United States and continuing high...
Persistent link: https://www.econbiz.de/10014216590
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high‐frequency longitudinal data. Using data from our survey of unemployed workers in New Jersey, where workers were interviewed each week for up to 24 weeks, we find that self‐reported...
Persistent link: https://www.econbiz.de/10010246658
During the 2007-2010 economic downturn, the US temporarily increased the duration of Unemployment Insurance (UI) by 73 weeks, higher than any prior extension, raising concerns about UI's disincentive effects on job search. This article examines the effect of temporary benefit extensions using a...
Persistent link: https://www.econbiz.de/10013073035
In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI) benefits was extended to historical highs in the United States. We exploit variation in the timing and size of UI benefit extensions across states to estimate the overall...
Persistent link: https://www.econbiz.de/10013082771
In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI) benefits was extended to historical highs in the United States. We exploit variation in the timing and size of UI benefit extensions across states to estimate the overall...
Persistent link: https://www.econbiz.de/10009738776