Showing 1 - 10 of 100
The added worker effect states that unemployment of a household member leads to an increase in labour supply of another … have more entitlements, waiting in unemployment for a good job is not one of them. We carry out two separate analyses to … no added worker effect. This suggests that households have other ways to cope with unemployment and is consistent with …
Persistent link: https://www.econbiz.de/10005407638
reservation wage on unemployment duration. According to estimations there is no statistically significant effect of unemployment … unemployment benefit or social assistance increases the duration of the unemployment period, which indicates the lower offer …
Persistent link: https://www.econbiz.de/10005125743
Insurance (UI) entitlement on job separations. Economic theory motivates estimation of a competing risk hazard model for quits …This paper uses U.S. micro level data on employment durations to quantify the effect of potential Unemployment …
Persistent link: https://www.econbiz.de/10005125772
In this paper we study the implications of the unemployment insurance (UI) financing system on wage levels and … approach of wage and employment determination and assume that unemployment benefits are financed by employees’ UI contributions …
Persistent link: https://www.econbiz.de/10005126130
I study the consequences of heterogeneity of skills for the design of an optimal unemployment insurance, using a … principal-agent set-up with a risk neutral insurer and infinitely lived risk averse agents. Agents, who are characterised by … and the quality of the worker-firm-match. Agents face the risk of losing their job and, while unemployed, are offered jobs …
Persistent link: https://www.econbiz.de/10005408328
If distortions in the labour market lead to inefficiently high unemployment, and policy makers cannot enter into a … may exist in public unemployment insurance policy. I study a model in which trade unions, who set wages, interact with a … policy maker, who decides on the level of unemployment benefits and taxes. The policy maker is assumed to have the same …
Persistent link: https://www.econbiz.de/10005412499
This paper analyses a model of private unemployment insurance under limited commitment and a model of public … unemployment insurance subject to moral hazard in an economy with a continuum of agents and an infinite time horizon. The dynamic … and steady-state properties of the private unemployment insurance scheme are established. The interaction between the …
Persistent link: https://www.econbiz.de/10005556941
I estimate a life cycle model of consumption choice with unemployment risk. Employed individuals face the risk of …. Following the loss of a job and during unemployment, an agent’s productivity declines. Using micro data, I estimate the … estimated model is used to perform policy simulations that highlight the relationship between the unemployment insurance scheme …
Persistent link: https://www.econbiz.de/10005119102
This paper uses panel data from 1989 to 1995 on blue-collar workers in Finnish manufacturing industries and their establishments to assess the extent to which hours of work are affected by individual or establishment characteristics - observed as well as unobserved. We argue that recent research...
Persistent link: https://www.econbiz.de/10005125720
The paper presents a model of household labour supply that allows for simultaneous decisions of household members, complex and non-convex choice sets induced by tax and benefit rules, and quantity constraints on hours choice. The model is estimated using the 1993 Bank of Italy’s Survey of...
Persistent link: https://www.econbiz.de/10005125771