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A common finding of the optimal unemployment insurance literature is that the optimal UI replacement rate is around 50%, implying that current levels in the US are close to optimal. However, a key assumption in the existing literature is that unemployment benefits are the only government...
Persistent link: https://www.econbiz.de/10010933807
This paper analyses the potential impacts of introducing unemployment insurance (UI) in middle income countries using the case of Malaysia, which today does not have such a system. The analysis is based on a job search model with unemployment and three employment sectors: formal and informal...
Persistent link: https://www.econbiz.de/10011025835
According to theoretical models of valuing risky corporate securities, risk of default is primary component in overall yield spread. However, sizable empirical literature considers it otherwise by giving more importance to non-default risk factors. Current study empirically attempts to provide...
Persistent link: https://www.econbiz.de/10010899951
types of labour mobility across space (by destination) and time (by duration). …
Persistent link: https://www.econbiz.de/10010821419
stability, while others experience crises in shorter intervals. To this end, we analyze the duration of stability periods …
Persistent link: https://www.econbiz.de/10010635131
In the US labor market the average black worker is exposed to a lower employment rate and earns a lower wage compared to his white counterpart. Lang and Lehmann (2012) argue that these mean differences mask substantial heterogeneity along the distribution of workers' skill. In particular, they...
Persistent link: https://www.econbiz.de/10010933808
This article aims to establish a link between the unemployment duration and the inter vivos transfers received by the … on the receiver's unemployment duration. Ultimately, a recursion arises and leads to a simulteanous determination of the … transfer and the duration. The model aims to apprehend the job search behaviour in a context where the unemployment …
Persistent link: https://www.econbiz.de/10009322916
The randomized trial literature has helped to renew the field of microeconometric policy evaluation by emphasizing identification issues raised by endogenous program participation. Measurement and attrition issues have perhaps received less attention. This paper analyzes the dramatic impact of...
Persistent link: https://www.econbiz.de/10010738743
, such as the covariance structure of earnings, the evolution of individual earnings mean and variance with the duration of …
Persistent link: https://www.econbiz.de/10010738852
This article examines the role of Internet based labour market intermediaries in coordinating job seeker/employee interactions. A twofold analysis examines on the one hand the matchmaking tools determining applicants' access to job ads, and on the other, the content of ads posted on the web....
Persistent link: https://www.econbiz.de/10010821085