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change in the unemployment rate. Many estimated effects are larger for males than females. Notably, strong evidence of …
Persistent link: https://www.econbiz.de/10011528842
Countercyclical unemployment benefit extensions in the United States act as a propagation mechanism, contributing to … both the high persistence of unemployment and its weak correlation with productivity. We show this by modifying an … otherwise standard frictional model of the labor market to incorporate a stochastic and state-dependent process for unemployment …
Persistent link: https://www.econbiz.de/10012019263
for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …
Persistent link: https://www.econbiz.de/10011403752
on their interactions with the profile of unemployment benefits and with active labor market programs. -- unemployment … ; search-matching equilibrium ; wage bargaining ; reductions of social security contributions ; unemployment insurance ; labor …
Persistent link: https://www.econbiz.de/10003309270
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 reduction for the reduction of unemployment is very modest (7% of the … the observed post-reform unemployment decline. If disincentive effects of PEA reforms had been avoided, the effect could …
Persistent link: https://www.econbiz.de/10010196490
week in unemployment insurance (UI) benefit payments from late March through July 2020. This unprecedented increase in UI …
Persistent link: https://www.econbiz.de/10012550101
Short-time work programs were revived by the Great Recession. To understand their operating mechanisms, we first provide a model showing that short-time work may save jobs in firms hit by strong negative revenue shocks, but not in less severely-hit firms, where hours worked are reduced, without...
Persistent link: https://www.econbiz.de/10011881536
The generosity of Unemployment Insurance (UI) benefits was expanded during the pandemic (FPUC), along with the groups … counterfactual scenario that implies the national unemployment rate in each of July and August would have been around 0.3 percentage … transitions from unemployment to employment. We also present some suggestive evidence that households with relatively high …
Persistent link: https://www.econbiz.de/10012792808
-paying jobs. This led to a dramatic increase in inequality in labor earnings during the pandemic. Simulating standard unemployment …
Persistent link: https://www.econbiz.de/10012284653
rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …
Persistent link: https://www.econbiz.de/10012389086