Showing 1 - 10 of 13
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10010744656
on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10005761932
We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset … incentive to save and fewer private resources are used for consumption smoothing during unemployment. Our results show that in a … time-discount factors. We conclude that the current U.S. unemployment insurance system is approximately optimal. …
Persistent link: https://www.econbiz.de/10010884271
and Income Security (EIS) to strengthen the inclusive function and stabilisation impact of national unemployment insurance …
Persistent link: https://www.econbiz.de/10010884390
In this paper we compare the welfare effects of unemployment insurance (UI) with a universal basic income (UBI) system … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral …
Persistent link: https://www.econbiz.de/10011094077
The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a … productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant. The only …
Persistent link: https://www.econbiz.de/10005761875
at unemployment with special emphasis on the schemes complementing compensation from the unemployment insurance scheme … prolonged periods of unemployment. Of special interest is that those complementing systems differ between different sectors of …
Persistent link: https://www.econbiz.de/10005763907
This paper studies how changes in the two key parameters of unemployment insurance - the benefit replacement rate (RR …) and the potential duration of benefits (PBD) - affect the duration of unemployment.In 1989, the Austrian government made … unemployment insurance more generous by changing, simultaneously, the maximum duration of regular unemployment benefits and the …
Persistent link: https://www.econbiz.de/10011092819
In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI … extensions across states to estimate the overall impact of these extensions on unemployment duration, comparing the experience … extensions on unemployment transitions and duration. We rely on individual variation in benefit availability based on the …
Persistent link: https://www.econbiz.de/10011096077
This paper explores the optimal interaction between the tax system and unemployment compensation in insuring people … against the risks of involuntary unemployment and low ability.To that end, we introduce search unemployment in a model of … and the unemployment benefit) increases if, for efficient agents, the participation constraint (governing job search …
Persistent link: https://www.econbiz.de/10011092433