Showing 1 - 10 of 333
This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks … regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search … is prolonged by at least .09 weeks per additional week of benefits among men, whereas unemployment duration increases by …
Persistent link: https://www.econbiz.de/10012773812
We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a …. Finding liquidity constraints in Norway, despite its equitable wealth distribution and generous welfare state, means they are …
Persistent link: https://www.econbiz.de/10013315877
We examine the impact of a policy reform that gave employees in a municipality extended rights to self-declare sickness absence. To identify the effect of bypassing the physician as an absence certifier we contrast the development of absence in the reform municipality with absence in similar...
Persistent link: https://www.econbiz.de/10013315557
schedule of benefit payments, we describe how informal sector participation changes over the duration of unemployment, in turn …This paper investigates the incentives that may induce workers to supplement income from unemployment benefits by … analysis identifies scope for reallocation of resources towards less generous programmes within unemployment protection, which …
Persistent link: https://www.econbiz.de/10012929479
unemployment as well as across different subgroups of participants. We find that participating in short-term training reduces the … remaining time in unemployment and moderately increases job stability. Long-term training programs initially prolong the … remaining time in unemployment, but once the scheduled program end is reached participants exit to employment at a much faster …
Persistent link: https://www.econbiz.de/10013105144
indicate that differences in culture explain differences in unemployment duration on the order of 20 %. Moreover, we find that …This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local … political jurisdictions. Local contrasts across the language border identify the role of culture for unemployment. Our findings …
Persistent link: https://www.econbiz.de/10013157850
large and persistent negative relationships between unemployment and the risk of repeated unemployment and being out of … unemployment has a negative effect on later labor market attachment. This is consistent with existing findings in the literature … present in the data before changing the inference. Thus, unemployment leaves young workers with long-term scars …
Persistent link: https://www.econbiz.de/10013117361
We show that the impact of government bailouts (liquidity injections) on a representative bank's risk taking depends on the level of systematic risk of its loans portfolio. In a model where bank's output follows a geometric Brownian motion and the government guarantees bank's liabilities, we...
Persistent link: https://www.econbiz.de/10012922858
We analyze how agents' present bias affects optimal contracting in an infinite-horizon employment setting. The principal maximizes profits by offering a menu of contracts to naive agents: a virtual contract - which agents plan to choose in the future - and a real contract which they end up...
Persistent link: https://www.econbiz.de/10012978071
The estimated amount of people affected by natural hazards stands at a staggering number of about 243 million people per year. While not all of the affected move across borders, international migration potentially provides an adaptation mechanism to natural hazards. The aim of this paper is to...
Persistent link: https://www.econbiz.de/10012978452