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 …

consumption across states and times. Compared to the first best, there will be too little search. Optimal unemployment programs … welfare and may even increase GDP. Our analytical results suggest that welfare is higher if the unemployment benefits program … includes income-contingent unemployment loans (ICL), where the amount repaid depends on the individual's future income. Such …

This paper analyzes a social insurance system that integrates unemployment insurance with a pension program through an … individual account, allowing workers to borrow against their future wage income to finance consumption during an unemployment …-funded unemployment insurance program. We show that when the duration of unemployment is very short compared to the period of employment …

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 …

provided unemployment insurance (UI) and loans against pension accounts changes over time in a model where unemployment may … unemployment; and even more so when there is a chance that the loan will not be repaid. As we present the optimal mix of loans and … loans should still be a part of the unemployment package for the young unemployed. We also show that, if the incidence of …