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Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10011413609
We present experimental evidence on the effects of four U.S. reemployment programs for youth Unemployment Insurance (UI …
Persistent link: https://www.econbiz.de/10012232672
institutional context. We find that parental unemployment is strongly negatively related to children's life satisfaction across … countries and years. The effect is thereby moderated by the generosity of unemployment benefits. Exploiting across- and within … mothers', unemployment. We further test the robustness of our results considering unemployment benefits jointly with social …
Persistent link: https://www.econbiz.de/10012295227
We study the macroeconomic effects of unemployment insurance (UI) benefit extensions in the United States at short and … when initial durations are shorter have substantial effects on the unemployment rate and the number of people receiving UI …
Persistent link: https://www.econbiz.de/10014335034
large panel dataset of European countries, we find that individuals who experienced high unemployment under a regime of low … unemployment benefits are more in favor of redistribution later in life and state an orientation more oriented towards the left …. However, negative economic shocks in an environment with a very generous unemployment insurance are related to less support of …
Persistent link: https://www.econbiz.de/10012517661
unemployment benefits in response to an unemployment shock in a simple, reduced-form model of the labor market. It is found that …. Adjustment costs of changing benefits can introduce hysteresis in benefit setting and unemployment. Both (very) bad and good … temporary shocks (including monetary) can permanently reduce unemployment benefits and the unemployment rate. A desirable …
Persistent link: https://www.econbiz.de/10010515690
High unemployment and its social and economic consequences have lent urgency to the question of how to improve … unemployment insurance in bad times without jeopardizing incentives to work or public finances in the medium term. A possible … solution is a rule-based system that improves the generosity of unemployment insurance (replacement rate, benefit duration …
Persistent link: https://www.econbiz.de/10011417280
In reforming unemployment benefit systems, the policy debate should be on the appropriate level of benefits, the … subsidies needed for people who cannot contribute enough, and how to finance the subsidies, rather than on whether unemployment … insurance or individual unemployment savings accounts are better. Unemployment insurance finances subsidies through implicit …
Persistent link: https://www.econbiz.de/10011414100
greater unemployment protection in two lagging regions of southern Spain (namely, Extremadura and Andalucía). Using a border … growth, the probability of staying and in-migration in rural areas that are experiencing high unemployment and significant … the effects of greater unemployment protection on labor market outcomes. Here, the results indicate that the policy led to …
Persistent link: https://www.econbiz.de/10013074332
welfare. This insight leads to a novel test for the optimality of unemployment insurance based on the responsiveness of … reservation wages to unemployment benefits. Some existing estimates imply significant gains to raising the current level of … unemployment insurance but highlight the need for more research on the determinants of reservation wages. Our approach is intuitive …
Persistent link: https://www.econbiz.de/10012733652