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reservation wages, shifting the labor force towards the more productive firms. The relation between productivity dispersion and UI … policy is mediated by the wage posting policies of firms that take both productivity and policy into account. Optimal UI … policy is shown to crucially depend on the properties of the firm productivity distribution, such as its variance and …
Persistent link: https://www.econbiz.de/10005703461
that mainly focused on estimating the effects of benefit duration on job search and acceptance strategies of the unemployed …
Persistent link: https://www.econbiz.de/10010333564
We develop a method to jointly measure the response of worker search effort (individual effect) and vacancy creation … market. The data indicate that the cut in Missouri significantly increased job finding rates by both raising the search …
Persistent link: https://www.econbiz.de/10012179998
We develop a method to jointly measure the response of worker search effort (individual effect) and vacancy creation … market. The data indicate that the cut in Missouri significantly increased job finding rates by both raising the search …
Persistent link: https://www.econbiz.de/10012144748
that mainly focused on estimating the effects of benefit duration on job search and acceptance strategies of the unemployed …
Persistent link: https://www.econbiz.de/10010202667
search productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant … increasing benefits, moral hazard problems for constant benefits and decreasing search productivity for decreasing benefits. …
Persistent link: https://www.econbiz.de/10011513998
We develop a method to jointly measure the response of worker search effort (individual effect) and vacancy creation … market. The data indicate that the cut in Missouri significantly increased job finding rates by both raising the search …
Persistent link: https://www.econbiz.de/10012137594
We develop a method to jointly measure the response of worker search effort (individual effect) and vacancy creation … market. The data indicate that the cut in Missouri significantly increased job finding rates by both raising the search …
Persistent link: https://www.econbiz.de/10012139297
Evidence suggests that unemployed individuals sometimes can affect their job prospects by undertaking a costly action like deciding to move or retrain. Realistically, such an opportunity arises only for some individuals and the identity of those is unobservable. Unemployment insurance should...
Persistent link: https://www.econbiz.de/10010547525
with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical … the unemployment insurance and the optimal search behavior of the unemployed gives rise to a self-reinforcing mechanism …
Persistent link: https://www.econbiz.de/10005704937