Showing 1 - 7 of 7
This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in … with retirement policies. Accounting for interactions across UI and retirement institutions also helps explain otherwise … difficult-to-explain trends in the unemployment rate of older German workers …
Persistent link: https://www.econbiz.de/10014421233
This paper presents new evidence on why unemployment insurance (UI) benefits affect search behavior and develops a … unemployment durations caused by UI benefits is due to a "liquidity effect" rather than distortions in marginal incentives to …
Persistent link: https://www.econbiz.de/10012464682
In this paper, we review the literature on the "spike" in unemployment exit rates around benefit exhaustion, and … unemployment spells are measured has a large effect on the magnitude of the spike at exhaustion, both in existing studies and in … defined by the time spent on the unemployment system. In Austria, the exit rate from registered unemployment rises by over 200 …
Persistent link: https://www.econbiz.de/10012465763
discontinuities in eligibility for severance pay and extended unemployment insurance (UI) benefits in Austria. Analyzing data for over …
Persistent link: https://www.econbiz.de/10012466022
It is well known that unemployment benefits raise unemployment durations. This result has traditionally been … hazard. This paper questions this interpretation by showing that unemployment benefits can also affect durations through an … proxies such as asset holdings. I find that increases in unemployment benefits have small effects on durations in the …
Persistent link: https://www.econbiz.de/10012466911
This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the …
Persistent link: https://www.econbiz.de/10012458891
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses...
Persistent link: https://www.econbiz.de/10013334381