Showing 1 - 10 of 72
We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage … efficient separations that holds in leading theories of job separations, frictional unemployment, and job ladders. We draw on …
Persistent link: https://www.econbiz.de/10014337762
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
We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job …
Persistent link: https://www.econbiz.de/10013361970
We systematically review studies of how unemployment benefits affect unemployment duration. Statistically significant …
Persistent link: https://www.econbiz.de/10015056158
This paper studies the welfare effects of unemployment insurance (UI) in low-income countries characterized by high …
Persistent link: https://www.econbiz.de/10014337804
Recent empirical studies document that the distribution of earnings changes displays substantial deviations from lognormality: in particular, earnings changes are negatively skewed with extremely high kurtosis (long and thick tails), and these non-Gaussian features vary substantially both over...
Persistent link: https://www.econbiz.de/10014528338
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 …
Persistent link: https://www.econbiz.de/10012471436
We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and...
Persistent link: https://www.econbiz.de/10012938696
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 …
Persistent link: https://www.econbiz.de/10012616645
I study unemployment insurance (UI) in general equilibrium with incomplete markets, search frictions, and nominal …-2014, UI benefit extensions had a contemporaneous output multiplier around 1 or higher. The unemployment rate would have been …
Persistent link: https://www.econbiz.de/10012696414