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A large fraction of the eligible unemployed workers does not claim for unemployment insurance (UI) and, among claimants … the sample faces high claiming frictions, many have good employment prospects and exit unemployment quickly. The burden of … little effect on aggregate unemployment duration. Additionally we show that the link between claiming and job search efforts …
Persistent link: https://www.econbiz.de/10013250772
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …
Persistent link: https://www.econbiz.de/10014058461
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 … attractiveness of vacancy referrals increases over the time spent in unemployment. Overall, around 9% of sickness absence during …
Persistent link: https://www.econbiz.de/10013001341
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 …
Persistent link: https://www.econbiz.de/10012946591
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/10012955016
The Short-Time Compensation (STC) program enables US firms to reduce work hours via pro-rated Unemployment Insurance …
Persistent link: https://www.econbiz.de/10012912226
We ran a large randomized controlled experiment among about 150,000 recipients of unemployment benefits insurance in … France in order to evaluate the impact of part-time unemployment benefits. We took advantage of the lack of knowledge of job … impact on the propensity to work while on claim, but reduced the unemployment exit rate, showing important lock-in effects …
Persistent link: https://www.econbiz.de/10013238654
did not affect total post-unemployment earnings indicating that the positive effects on job finding and job turnover …
Persistent link: https://www.econbiz.de/10013049752
Should unemployment insurance (UI) systems provide coverage for underemployed job seekers? Based on a statistical … analysis of Norwegian unemployment spells, we conclude that the answer to this question is yes. Allowing insured job seekers to … employers as a screening device when hiring from the unemployment pool …
Persistent link: https://www.econbiz.de/10013059682
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/10013248069