unemployment. This implies a negative relationship between the UI unemployment duration and wage effects, which holds empirically …Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment … insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression …

wage affects wages even though, after imposition, the lowest wage in the market exceeds the minimum wage. The model has …

With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate …

The administration of benefits is a relatively neglected aspect of the analysis of disincentive effects of unemployment …

labour market states: self-employment, employment, and unemployment. This enables us to assess the effects of changes in … unobservable individual heterogeneity, duration dependence, lagged duration dependence and state dependence. Three main results are … obtained. First, the aggregated unemployment rate is found to have a positive effect on the probability of becoming self …

Unemployment insurance systems include monitoring of unemployed workers and punitive sanctions if job search …-2004. We estimate duration models dealing with selection on unobservables. We use weighted exogenous sampling maximum …

This paper examines the depth and duration of the slump that invariably follows severe financial crises, which tend to … employment. The unemployment rate rises an average of 7 percentage points over the down phase of the cycle, which lasts on … average over four years. Output falls an average of over 9 percent, although the duration of the downturn is considerably …