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Despite unprecedented extensions of available unemployment insurance (UI) benefits during the "Great Recession" of 2007 …
Persistent link: https://www.econbiz.de/10010257600
unemployment benefits. Will social welfare rise as a result? Will some groups be winners and other groups be losers? Will the …
Persistent link: https://www.econbiz.de/10011434019
During the Covid-19 pandemic, unemployment insurance (UI) benefits have taken on an unprecedented role in the United … Recession peak. This is due to two factors: first, the high unemployment rate, which reached 14.7 percent in April 2020; and … aggregate spending of the employed was down by 10 percent, the spending of unemployment benefit recipients increased by 10 …
Persistent link: https://www.econbiz.de/10014095179
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10011413675
We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment …
Persistent link: https://www.econbiz.de/10012236713
We investigate the optimal response of unemployment insurance to economic shocks, both with and without commitment. The … transitory increase in UI is optimal; and that a policy rule contingent on the change in unemployment, rather than its level, is …
Persistent link: https://www.econbiz.de/10012431134
We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job … search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of … benefit sanctions are more effective in reducing unemployment than an across the board reduction in the replacement rate. …
Persistent link: https://www.econbiz.de/10001460511
, and whether access to unemployment insurance attenuated this relationship. In the average labor market, property crime … rates rose by 1.5 percent following a $1000 per worker increase in import competition. Increasing unemployment insurance … indicates that 7-24 percent of the costs of increasing unemployment insurance generosity were recovered in the form of lower …
Persistent link: https://www.econbiz.de/10012968150
We document the effects of a change in the Italian Ordinary Unemployment Benefits Scheme on the job search process. As …
Persistent link: https://www.econbiz.de/10013107385
We investigate the optimal response of unemployment insurance to economic shocks, both with and without commitment. The … transitory increase in UI is optimal; and that a policy rule contingent on the change in unemployment, rather than its level, is …
Persistent link: https://www.econbiz.de/10013248069