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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 …
Persistent link: https://www.econbiz.de/10012835264
A large literature has documented that the unemployment duration of unemployed individuals increases with the … generosity of the unemployment insurance (UI) system, which has been interpreted as the disincentive effect of UI benefits …
Persistent link: https://www.econbiz.de/10012993954
This paper estimates the causal effect of long-term unemployment on wages. Job search theory implies that if … Unemployment Insurance (UI) extensions do not affect wages conditional on the month of unemployment exit, then reservation wages do … not bind on average. Then, UI extensions affect mean wages only through unemployment durations and are valid instrumental …
Persistent link: https://www.econbiz.de/10013039599