) insurance against employment risk and no insurance against persistent shocks. -- Uncertainty ; life-cycle models ; unemployment … stamps which partially insure productivity risk is greater than the value of unemployment insurance which provides (partial …

The job finding rate of Unemployment Insurance (UI) recipients declines in the initial months of unemployment and then … effort. The panel structure allows us to observe how search effort evolves within individual over the unemployment spell. We …

We study how unemployment effects the over-indebtedness of households using the new European Household Finance and … to country specific results, the role of unemployment varies widely across countries. In Spain, France or Portugal, for … households plagued by over-indebtedness increased by more than 10%, suggesting that another unemployment shock could have a major …

This article analyzes the behavioral effects of unemployment benefits (UB) and it characterizes their optimal level … very low, increasing its level or providing liquidity to the agent can decrease the duration in unemployment; for higher …

the impact of uncertainty shocks on unemployment dynamics. Using a vector autoregression approach, we show that … uncertainty shocks measured by stock market volatility have a significant impact on the U.S. unemployment rate. We then develop a …Recent events suggest that uncertainty changes play a major role in U.S. labor market fluctuations. This study analyzes …

longer employment and unemployment spells, they must contend with lower earnings than tenants upon reemployment. They also …