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Business cycles, unemployment insurance, and the calibration of matching models
Costain, James; Reiter, Michael - 2003
matching function. One can easily choose a calibration to make the cyclical fluctuation in unemployment as large in the model … model as it is in the data. We show with a simple analytical calculation that in the standard job matching model, one cannot …
Persistent link: https://www.econbiz.de/10011509369
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Losing prospective entitlement to unemployment benefits : impact on educational attainment
Cockx, Bart; Declercq, Koen; Dejemeppe, Muriel - 2022
Providing income support to unemployed education-leavers reduces the returns to investments in education because it makes the consequences of unemployment less severe. We evaluate a two-part policy reform in Belgium to study whether conditioning the prospective entitlement to unemployment...
Persistent link: https://www.econbiz.de/10013285842
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The sources of the union wage gap : the role of worker, firm, match, and jobtitle heterogeneity
Addison, John T.; Portugal, Pedro; Vilares, Hugo - 2018
Using matched employer-employee-contract data for Portugal - a country with near-universal union coverage - we find evidence of a sizable effect of union affiliation on wages. Gelbach's (2016) decomposition procedure is next deployed to ascertain the contributions of worker, firm, match, and...
Persistent link: https://www.econbiz.de/10011941280
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Estimating incentive and welfare effects of non-stationary unemployment benefits
Launov, Andrey; Wälde, Klaus - 2010
The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits … recent unemployment benefit reform (Hartz IV). The reform reduced unemployment by only 0.3%. Contrary to general beliefs, we … effort ; matching model ; structural estimation ; Semi-Markov process …
Persistent link: https://www.econbiz.de/10003974164
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A positive theory of geographic mobility and social insurance
Hassler, John; Rodríguez Mora, José Vicente; … - 2002
This paper presents a tractable dynamic general equilibrium model that can explain cross-country empirical regularities in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance (UI), taking the dynamic distortionary e.ects of...
Persistent link: https://www.econbiz.de/10011539071
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The employment effect of reforming a public employment agency
Launov, Andrey; Wälde, Klaus - 2015
By how much does an increase in operating effectiveness of a public employment agency (PEA) and a reduction of unemployment benefits reduce unemployment? Using a recent labour market reform in Germany as background, we find that an enhanced effectiveness of the PEA explains about 20% of the...
Persistent link: https://www.econbiz.de/10011309228
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How effective are hiring subsidies to reduce long-term unemployment among prime-aged jobseekers? : evidence from Belgium
Desiere, Sam; Cockx, Bart - 2021
Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers over 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on a...
Persistent link: https://www.econbiz.de/10012625877
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The Beveridge curve and labour market flows : a reinterpretation
Gottfries, Nils; Stadin, Karolina - 2019
According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …
Persistent link: https://www.econbiz.de/10012026458
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Unemployment insurance with response heterogeneity
Wunsch, Conny; Zabrodina, Véra - 2023
The generosity of social insurance coverage often increases with the beneficiary's age and their contribution time to social security, but existing policies vary considerably. We study the differentiation of unemployment insurance (UI) generosity by evaluating how the insurance incentive...
Persistent link: https://www.econbiz.de/10014383767
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The exhaustion of unemployment benefits in Belgium : does it enhance the probability of employment?
Cockx, Bart; Ries, Jean - 2004
years, depending on individual characteristics. We contrast three propensity score matching estimators of the impact of … benefit exhaustion on the probability of employment : a standard, a before-after and an IV matching estimator. We conclude …
Persistent link: https://www.econbiz.de/10011449809