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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
Many Unemployment Insurance (UI) recipients do not find new jobs before exhausting their benefits, even when benefits …
Persistent link: https://www.econbiz.de/10012455154
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
individuals who exhaust their Unemployment Insurance (UI) benefits use DI as a form of extended benefits. We exploit the haphazard …
Persistent link: https://www.econbiz.de/10012458990
candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to … longitudinal structure of the Current Population Survey to construct unemployment exit hazards that vary across states, over time …, and between individuals with differing unemployment durations. I then use these hazards to explore a variety of …
Persistent link: https://www.econbiz.de/10012461124
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