Showing 1 - 10 of 148
different productivities or skills, are employed by firms offering wages that depend both on the agents’ individual skill level … the future. Unemployment benefits do not only depend on an agent’s employment history, but also on the skills reported by …I study the consequences of heterogeneity of skills for the design of an optimal unemployment insurance, using a …
Persistent link: https://www.econbiz.de/10005408328
wages. We find that the training rate of workers just above 40 is about 15-20 percent higher than the training rate of …
Persistent link: https://www.econbiz.de/10005125714
The framework of a general equilibrium heterogeneous agent model is used to study the optimal design of an unemployment insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and defined replacement ratio UI systems are...
Persistent link: https://www.econbiz.de/10005125042
Extended unemployment benefits programs in the US are triggered by the state insured unemployment rate while intrastate demand conditions often vary dramatically. Some tight local labor markets may therefore exhibit a large adverse effect of extended unemployment benefits. Using a competing risk...
Persistent link: https://www.econbiz.de/10005125718
This paper analyses the factors determining reservation wages in Estonia, and estimates the influence of the …
Persistent link: https://www.econbiz.de/10005125743
This paper considers the methodology of measuring replacement rates, comparing simulation based approaches, which simulate replacement rates for a representative sample of the population, with other approaches that simulate replacement rates for "typical" families or are entirely based on...
Persistent link: https://www.econbiz.de/10005125757
The system of Unemployment Insurance (UI) financing in the US draws its funds from a payroll tax on employers and varies the tax rate according to the individual employer's layoff history. There exists extensive evidence on the effect of this so-called experience rated tax on layoff decisions....
Persistent link: https://www.econbiz.de/10005125768
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
the economy by decreasing employment fluctuations where wages are flexible. If wages are rigid, buffer funding stabilises … employment when labour markets are unionised and the revenues of the firms are stochastic. We use the basic monopoly union … approach of wage and employment determination and assume that unemployment benefits are financed by employees’ UI contributions …
Persistent link: https://www.econbiz.de/10005126130
contrary, if mobility costs are low a static efficiency outweighs a dynamic costs associated to reallocation. Employment …
Persistent link: https://www.econbiz.de/10005408331