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Search and Work in Optimal Welfare Programs
Pavoni, Nicola; Setty, Ofer; Violante, Giovanni L. - National Bureau of Economic Research (NBER) - 2013
Some existing welfare programs ("work-first") require participants to work in exchange for benefits. Others ("job … that facilitates the provision of search incentives without compromising consumption smoothing too much. …
Persistent link: https://www.econbiz.de/10010950714
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The Causal Effect of Unemployment Duration on Wages: Evidence from Unemployment Insurance Extensions
von Wachter, Till Marco; Schmieder, Johannes F.; … - National Bureau of Economic Research (NBER) - 2013
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)...
Persistent link: https://www.econbiz.de/10010950762
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Labor Market Shocks and Retirement: Do Government Programs Matter?
Coile, Courtney; Levine, Phillip B. - National Bureau of Economic Research (NBER) - 2006
transitions. The magnitude of this effect is comparable to that associated with moderate changes in financial incentives to retire … response to an economic downturn once workers become SS-eligible, suggesting that retirement benefits may help alleviate the …
Persistent link: https://www.econbiz.de/10005248815
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The Effects of Extended Unemployment Insurance over the Business Cycle: Evidence from Regression Discontinuity Estimates Over Twenty Years
von Wachter, Till Marco; Schmieder, Johannes F.; … - National Bureau of Economic Research (NBER) - 2012
nonemployment effects of a month of additional UI benefits are, at best, somewhat declining in recessions. Yet, the UI exhaustion …-wide effects, the net social benefits from UI extensions can be expressed either directly in terms of the exhaustion rate and the …
Persistent link: https://www.econbiz.de/10009652780
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The Long-Term Effects of Unemployment Insurance Extensions on Employment
von Wachter, Till Marco; Schmieder, Johannes F.; … - National Bureau of Economic Research (NBER) - 2012
The majority of papers analyzing the employment effects of unemployment insurance (UI) benefit durations focuses on the duration of the first unemployment spell. In this paper, we make two contributions. First, we use a regression discontinuity design to analyze the long-term effects of...
Persistent link: https://www.econbiz.de/10009652843
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Unemployment Insurance and Job Search in the Great Recession
Rothstein, Jesse - National Bureau of Economic Research (NBER) - 2011
Nearly two years after the official end of the "Great Recession," the labor market remains historically weak. One candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to as many as 99 weeks. This paper investigates the...
Persistent link: https://www.econbiz.de/10009325541
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Fixed-Term Employment Contracts in an Equilibrium Search Model
Alvarez, Fernando; Veracierto, Marcelo - National Bureau of Economic Research (NBER) - 2006
This paper analyzes the effects of fixed-term contracts using a version of the Lucas and Prescott island model with undirected search. A fixed-term contract of length J is modeled as a tax on separations of workers with tenure higher than J . While in principle these policies require a very...
Persistent link: https://www.econbiz.de/10005710122
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Quasi-Experimental Evidence on the Effects of Unemployment Insurance from New York State
Meyer, Bruce D.; Mok, Wallace K C - National Bureau of Economic Research (NBER) - 2007
weekly benefit in New York State. This benefit increase sharply increased benefits for a large group of claimants, while … coincides with the increase in benefits. The evidence is also consistent with a substantial effect of the benefit level on the …
Persistent link: https://www.econbiz.de/10005718728
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Spousal Labor Supply as Insurance: Does Unemployment Insurance Crowd Outthe Added Worker Effect?
Gruber, Jonathan; Cullen, Julie Berry - National Bureau of Economic Research (NBER) - 1996
in families with small children are more responsive to UI benefits in their labor supply decisions, which is consistent …
Persistent link: https://www.econbiz.de/10005778601
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The Spike at Benefit Exhaustion: Leaving the Unemployment System or Starting a New Job?
Card, David E.; Chetty, Raj; Weber, Andrea - National Bureau of Economic Research (NBER) - 2007
% at the expiration of benefits, while the hazard rate of re-employment rises by only 20%. The difference between the two … measures arises because many individuals leave the unemployment register immediately after their benefits expire without … returning to work. The modest spike in re-employment rates implies that most job seekers do not wait until their UI benefits are …
Persistent link: https://www.econbiz.de/10005088761