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benefits and family insurance, which are the main buffer against unemployment and have played different roles in both countries …In Portugal real wage flexibility, at the macroeconomic level, is noticeably higher, while unemployment duration is … lower, when compared to Spain. This suggests that the hardship of being unemployed is higher in Portugal. Unemployment …
Persistent link: https://www.econbiz.de/10005662198
mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI … impossible to include generous government-supplied unemployment insurance in that model without getting the unrealistic result … higher layoff taxes suppress frictional unemployment in less turbulent times, prevails in the models with labour market …
Persistent link: https://www.econbiz.de/10005123618
We argue that US welfare would rise if unemployment insurance were increased for younger and decreased for older … accumulate high-return human capital. So unemployment insurance is most valuable to them, while moral hazard is mild. By … workers. This is because the young tend to lack the means to smooth consumption during unemployment and want jobs to …
Persistent link: https://www.econbiz.de/10011083519
This paper describes an equilibrium labour market in which an unemployment benefit system cannot raise the average … unemployment is high, but pays much lower rates in booms. By targeting unemployment compensation to recessions, when being … unemployed is particularly costly, this policy provides insurance equivalent to that provided by the current system. By reducing …
Persistent link: https://www.econbiz.de/10005662357
appears that the activation program is very effective. The median unemployment duration of the control group is 14 weeks …
Persistent link: https://www.econbiz.de/10005504365
The single most likely way to leave the unemployment insurance (UI) register in Hungary is not by getting a job but by …
Persistent link: https://www.econbiz.de/10005497937
This Paper analyses the design of optimal unemployment insurance in a search equilibrium framework where search effort … featuring indefinite payments of benefits and a system with a time limit on unemployment benefit receipt. The optimal sanction …
Persistent link: https://www.econbiz.de/10005498018
With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate …
Persistent link: https://www.econbiz.de/10011083755
program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non … unemployment duration and probability of long term unemployment decrease. These effects are the largest when the program intensity …
Persistent link: https://www.econbiz.de/10011084595
also find that the quality of the post-unemployment jobs was not affected by the activation program. Both findings confirm …
Persistent link: https://www.econbiz.de/10004990852