(2005). We extend it by unemployment risk using Markov chains to model the transition between different employment states …, short-term as well as long-term unemployment. This allows us to examine the effects of persistence in the unemployment … process on portfolio choice. Our main findings are, first, that in case of short-term unemployment only, social security …

(2005). We extend it by unemployment risk using Markov chains to model the transition between different employment states …, short-term as well as long-term unemployment. This allows us to examine the effects of persistence in the unemployment … process on portfolio choice. Our main findings are, first, that in case of short-term unemployment only, social security …

(2005). We extend it by unemployment risk using Markov chains to model the transition between different employment states …, short-term as well as long-term unemployment. This allows us to examine the effects of persistence in the unemployment … process on portfolio choice. Our main findings are, first, that in case of short-term unemployment only, social security …

Abstract: We analyse benefit-entitlement effects and the likely impact of the recent reform of the unemployment … compensation system on the duration of unemployment in Germany on the basis of a flexible discrete-time hazard rate model estimated … for the unemployed who are eligible to means-tested unemployment assistance after the exhaustion of unemployment benefit …

We analyze the effect of imposed benefit sanctions on the unemployment-to-employment transition of unemployed people … entitled to unemployment compensation on the basis of register data from the German Federal Employment Agency. We combine … effects diminish with the elapsed unemployment duration until a sanction is imposed. The limited use of benefit sanctions can …

future net-income risks. The uncertainty measure takes into account the interdependency of labour market status and health … specific effects. I find evidence for precautionary savings in response to the uncertainty measures. The results are robust and …

This paper is based on recently collected and rich survey data of a representative sample of entrants into unemployment …

This paper investigates the impact of unemployment on the propensity to start a family. Unemployment is accompanied by … analyze unemployment at the intersection of state-dependence and the reduced opportunity costs of parenthood, distinguishing … UK (1994-2001). The results highlight spurious negative effects of unemployment on family formation among men, which can …