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spells and (ii) reduced reemployment wages. Although full insurance requires both unemployment benefits and wage insurance …, supply difficulties limit actual-loss insurance, and separation packages typically include partial unemployment insurance and … is common, and unemployment insurance benefit levels should fall, which is not. …
Persistent link: https://www.econbiz.de/10011455569
charges increases by more than 30% in response to a 50% cut to North Carolina's Unemployment Insurance (UI) program following … through the threat of a retaliatory firing, and test this theory by estimating whether external shocks that reduce the value … increase in a state-industry's monthly unemployment rate. The effect is amplified in industries employing a larger fraction of …
Persistent link: https://www.econbiz.de/10012624855
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
Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … relative attractiveness of vacancy referrals increases over the time spent in unemployment. Overall, around 9% of sickness …
Persistent link: https://www.econbiz.de/10011449662
We investigate the optimal response of unemployment insurance to economic shocks, both with and without commitment. The … transitory increase in UI is optimal; and that a policy rule contingent on the change in unemployment, rather than its level, is …
Persistent link: https://www.econbiz.de/10012431134
We ran a large randomized controlled experiment among about 150,000 recipients of unemployment benefits insurance in … labor supply and increases the expenditure net of taxes of the unemployment insurance agency. … France in order to evaluate the impact of part-time unemployment benefits. We took advantage of the lack of knowledge of job …
Persistent link: https://www.econbiz.de/10012486489
and from high-wage firms. The reallocation attenuates earnings losses by about 50%, approximately equal to the insurance … distress, search for jobs and access public insurance. Using the model, we calculate that employees' willingness to pay for …
Persistent link: https://www.econbiz.de/10015075348
generosity of the unemployment insurance (UI) system, which has been interpreted as the disincentive effect of UI benefits …A large literature has documented that the unemployment duration of unemployed individuals increases with the …
Persistent link: https://www.econbiz.de/10011457304
unemployment insurance benefits. The extent to which this "spike" is driven by job search behavior is important for assessing the … distortionary effect of unemployment insurance. Card, Chetty and Weber (American Economic Review 2007; 97: 113-118) find a large …Many studies have found that the exit rate from unemployment increases in the vicinity of the exhaustion day of …
Persistent link: https://www.econbiz.de/10011664468
This paper examines the effects of unemployment benefit duration in Finland. To overcome the problem that the maximum … period, potential benefit duration at the beginning of unemployment spells varies across individuals because only those with … we estimate that one extra week of benefits increases expected unemployment duration by 0.15 weeks, which corresponds to …
Persistent link: https://www.econbiz.de/10011664472