using data from the labor market. We estimate the "excess sensitivity" of job search behavior to cash-on-hand using sharp … discontinuities in eligibility for severance pay and extended unemployment insurance (UI) benefits in Austria. Analyzing data for over …

This paper examines how unemployment affects retirement and whether the Unemployment Insurance (UI) system and Social … Security (SS) system affect how older workers respond to labor market shocks. To do so, we use pooled cross-sectional data from … the March Current Population Survey (CPS) as well as March CPS files matched between one year and the next and …

the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … identified as a key reason for the rising US wage inequality, while labor market rigidities are often cited as a key reason for … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the …

composition in subsamples of the Current Population Survey extracts. This compositional change is specific to Miami, unrelated to … the Boatlift, and arises from selecting small subsamples of workers. We also show that conflicting findings on the labor …

While there has been considerable discussion of the adequacy of unemployment insurance (UI) benefits as a form of … income replacement, there is little evidence on the other resources that the unemployed have to finance their unemployment … financial assets sufficient to finance roughly two-thirds of the income loss from an unemployment spell, but that there is …

Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries over 439 months … unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions of the economic situation and …