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This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in … with retirement policies. Accounting for interactions across UI and retirement institutions also helps explain otherwise … difficult-to-explain trends in the unemployment rate of older German workers …
Persistent link: https://www.econbiz.de/10014421233
-related Unemployment Insurance. Reflecting that married couples obtain intra-household insurance by making labor supply choices for both …
Persistent link: https://www.econbiz.de/10013023767
induced by unemployment insurance. The model features a detailed specification of the tax and transfer system, including … unemployment insurance benefits which depend on an individual's employment and earnings history. The model also captures the … for unemployment insurance benefits which varied by age and experience. The results show that a policy cut in the …
Persistent link: https://www.econbiz.de/10013147123
This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the …
Persistent link: https://www.econbiz.de/10012458891
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses...
Persistent link: https://www.econbiz.de/10013334381