Showing 1 - 8 of 8
the unemployment rate and the adverse labor supply effect of the pandemic is more pronounced than implied by the labor …
Persistent link: https://www.econbiz.de/10012886925
suggest that a more progressive tax schedule reduces the unemployment rate and increases the employment rate. These findings …
Persistent link: https://www.econbiz.de/10010379335
In order to improve our understanding of the channels through which monetary policy has distributional consequences, we build a New Keynesian model with incomplete asset markets, asymmetric search and matching (SAM) frictions across skilled and unskilled workers and, foremost, capital-skill...
Persistent link: https://www.econbiz.de/10011853562
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10010246658
We study the macroeconomic effects of unemployment insurance (UI) benefit extensions in the United States at short and … when initial durations are shorter have substantial effects on the unemployment rate and the number of people receiving UI …
Persistent link: https://www.econbiz.de/10014335034
Persistent link: https://www.econbiz.de/10003969508
Persistent link: https://www.econbiz.de/10009734193
Persistent link: https://www.econbiz.de/10002093504