Showing 1 - 10 of 388
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
This paper investigates the incentives that may induce workers to supplement income from unemployment benefits by … schedule of benefit payments, we describe how informal sector participation changes over the duration of unemployment, in turn … analysis identifies scope for reallocation of resources towards less generous programmes within unemployment protection, which …
Persistent link: https://www.econbiz.de/10012929479
Unemployment Insurance (UI) scheme in which job search requirements are imposed on UI recipients with hyperbolic preferences. We …
Persistent link: https://www.econbiz.de/10013083261
We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a severance payment worth 1.2 months’ earnings at the median lowers the fraction re-employed after a year by seven percentage...
Persistent link: https://www.econbiz.de/10013315877
We build an analytically and computationally tractable stochastic equilibrium model of unemployment in heterogeneous … countercyclical unemployment, and is simultaneously consistent with procyclical reallocation, countercyclical separations and a … negatively-sloped Beveridge curve. Moreover, the model exhibits unemployment duration dependence, which (when calibrated to long …
Persistent link: https://www.econbiz.de/10013087720
This article analyzes the behavioral effects of unemployment benefits (UB) and it characterizes their optimal level … decrease the duration in unemployment. Extensive numerical simulations indicate that the relationship between the level of the …
Persistent link: https://www.econbiz.de/10012915499
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …
Persistent link: https://www.econbiz.de/10012961076
This paper provides a novel justification for a declining time profile of unemployment benefits that does not rely on …
Persistent link: https://www.econbiz.de/10012988234
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
the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to fulltime employment. We …
Persistent link: https://www.econbiz.de/10013316057