Showing 1 - 10 of 749
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 … affecting the incentive to search for formal employment. We find that increasing benefit generosity makes job seekers less …
Persistent link: https://www.econbiz.de/10012929479
performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …
Persistent link: https://www.econbiz.de/10013051614
receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance … systems, recognizing the role of spousal employment as a partial substitute for public insurance. The optimal system involves …
Persistent link: https://www.econbiz.de/10013148294
We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset … incentive to save and fewer private resources are used for consumption smoothing during unemployment. Our results show that in a … time-discount factors. We conclude that the current U.S. unemployment insurance system is approximately optimal …
Persistent link: https://www.econbiz.de/10013078913
measures such as monitoring and job search assistance for each period of unemployment in a dynamic environment with negative … duration dependence in the exit rates to employment and potential depreciation in reemployment wages. We show that the main … to provide positive search effort. It is used to restore or maintain some minimum exit rate to employment which increases …
Persistent link: https://www.econbiz.de/10013149361
program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non … unemployment duration and probability of long term unemployment decrease. These effects are the largest when the program intensity …
Persistent link: https://www.econbiz.de/10013075133
The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered … educated. In 2009, the Employment Contract Law relaxed employment protection legislation and sought to raise income protection … would facilitate the structural transformation and reduce the long-term unemployment rate. Linking increases in unemployment …
Persistent link: https://www.econbiz.de/10013109327
receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance … systems, recognizing the role of spousal employment as a partial substitute for public insurance. The optimal system involves …
Persistent link: https://www.econbiz.de/10008596606
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 analyze different options for the design of a common unemployment insurance system for the euro area (EA). We assess … degree of cross-country transfers. In the baseline, we focus on a non-contingent scheme covering short-term unemployment and … find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, four …
Persistent link: https://www.econbiz.de/10013011329