Similar Search Results

Should unemployment insurance be asset-tested?

Koehne, Sebastian; Kuhn, Moritz - 2013

We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset … testing has two counteracting effects on welfare. On the one hand, it improves consumption insurance by introducing state … time-discount factors. We conclude that the current U.S. unemployment insurance system is approximately optimal. …

Persistent link: https://www.econbiz.de/10009766145

Thumbscrews for agencies or for individuals? : how to reduce unemployment

Launov, Andrey; Wälde, Klaus - 2013

To which extent does an increase in operating effectiveness of public employment agencies on the one hand and a reduction of unemployment benefits on the other reduce unemployment? Using the recent labour market reform in Germany as background we find that the role of unemployment benefit...

Persistent link: https://www.econbiz.de/10010196490

Consumption choices and earnings expectations : empirical evidence and structural estimation

Stoltenberg, Christian; Uhlendorff, Arne - 2022

In this paper, we document that households’ consumption expenditures depend on their expected earnings - even after controlling for realized earnings and wealth. To explain this evidence, we develop and structurally estimate a standard-incomplete markets model in which rational households...

Persistent link: https://www.econbiz.de/10013329447

Estimating labor-supply elasticities with joint borrowing constraints of couples

Bredemeier, Christian; Gravert, Jan; Jüßen, Falko - 2016

Estimates of Frisch labor-supply elasticities are biased in the presence of borrowing constraints. We show that this estimation bias is less pronounced for secondary than for primary earners. The reason is that, in households with two earners and joint borrowing constraints, wage-rate...

Persistent link: https://www.econbiz.de/10011543948

Product market regulation, firm size, unemployment and informality in developing economies

Charlot, Olivier; Malherbet, Franck; Terra, Cristina - 2011

This paper studies the impact of product and labor market regulations on informality and unemployment in a general framework where formal and informal firms are subject to the same externalities, differing only with respect to some parameter values. Both formal and informal firms have monopoly...

Persistent link: https://www.econbiz.de/10009230678

Experimental labor markets and policy considerations : incomplete contracts and macroeconomic aspects

Casoria, Fortuna; Riedl, Arno - 2012

This survey focuses on experimental labor markets investigating two aspects that deem us important for a better understanding of labor market relations and the consequences for labor market policies. The first part of the survey is dedicated to papers that assess the prevalence of reciprocal...

Persistent link: https://www.econbiz.de/10009683305

Employment subsidies and substitutable skills : an equilibrium matching approach

Cardullo, Gabriele (contributor); … - 2006

; search-matching equilibrium ; wage bargaining ; reductions of social security contributions ; unemployment insurance ; labor …

Persistent link: https://www.econbiz.de/10003309270

Labor market institutions and the cost of recessions

Krebs, Tom; Scheffel, Martin - 2016

This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance …

Persistent link: https://www.econbiz.de/10011595828

Policies to help the working class in the aftermath of COVID-19: lessons from the Great Recession

Burkhauser, Richard V.; Corinth, Kevin; Holtz-Eakin, Douglas - 2021

The COVID-19 pandemic and the associated government mandated shutdowns caused a historic shock to the U.S. economy and a disproportionate job loss concentrated among the working class. While an unprecedented social safety net policy response successfully offset earnings loses among lower-wage...

Persistent link: https://www.econbiz.de/10012485440

Should UI benefits really fall over time?

Hassler, John; Rodríguez Mora, José Vicente - 2002

The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a tractable model allowing moral hazard, adverse selection and hidden saving. Analytical results show that when the search productivity of unemployed is constant over the...

Persistent link: https://www.econbiz.de/10011414504

1
2
3
4
5
6
7
8
9
10
Next
Last