Showing 1 - 10 of 1,787
on their interactions with the profile of unemployment benefits and with active labor market programs …
Persistent link: https://www.econbiz.de/10014059002
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/10012868824
rich individual-level data from the quarterly Labor Force Surveys. We find that the lockdown increases the unemployment …
Persistent link: https://www.econbiz.de/10013314778
We examine employment effects of the COVID-19 crisis in Norway during the initial lockdown, through the subsequent recovery, and after the dust had settled. While we identify large and socially skewed effects of the crisis through its early phases, we find no long-term effects on employees...
Persistent link: https://www.econbiz.de/10014353798
This study examines the determinants of job-finding rates of unemployment benefit recipients under the Chilean program … the form of unemployment insurance savings accounts (UISAs) - so as to mitigate the moral hazard problem of traditional … unemployment insurance programs. Our study is the first one to empirically investigate whether UISAs improve work incentives. We …
Persistent link: https://www.econbiz.de/10013148356
In this paper, we develop a methodology to summarize the various policy parameters of an unemployment insurance scheme … into a single generosity parameter. Unemployment insurance policies are multdimensional objects. They are typically defined … unemployment matter when assessing the generosity of different policies. We build a first model with such complex characteristics …
Persistent link: https://www.econbiz.de/10013324747
In response to the 2007-09 “Great Recession,” the maximum duration of U.S. unemployment benefits was increased from the … microdata from the Current Population Survey. I find that a 10-week extension of UI benefits raises unemployment duration by …
Persistent link: https://www.econbiz.de/10013052193
Based on a sequence of reforms in the Norwegian unemployment insurance (UI) system, we show that activity-oriented UI … on unconditional UI entitlements, and high sanction probabilities - deliver substantially shorter unemployment spells … introduction of a soft constraint appears particularly effective; our results show that the expected unemployment duration falls by …
Persistent link: https://www.econbiz.de/10013316956
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/10012914329
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor …
Persistent link: https://www.econbiz.de/10012906473