Showing 1 - 10 of 2,153
joint return migration and saving decisions that accounts for uncertainty in future employment and income and estimate this …
Persistent link: https://www.econbiz.de/10010269880
The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a tractable model allowing moral hazard, adverse selection and hidden saving. Analytical results show that when the search productivity of unemployed is constant over the...
Persistent link: https://www.econbiz.de/10010262469
We investigate the relationship between life cycle wages and individual membership of unemployment insurance schemes in Denmark. We separate permanent from transitory wages and characterise them using membership of unemployment insurance funds. We find that unemployment insurance is associated...
Persistent link: https://www.econbiz.de/10010291370
The impact of the administration of unemployment benefits on time spent unemployed is a neglected issue in discussion of incentive effects in Central and Eastern Europe. We use Labour Force Survey data, administrative registers and inspection of benefit office practices to show that there is...
Persistent link: https://www.econbiz.de/10010267569
In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI) benefits was extended to historical highs in the United States. We exploit variation in the timing and size of UI benefit extensions across states to estimate the overall...
Persistent link: https://www.econbiz.de/10010319546
In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing … lifetime earnings risk. Based on a dynamic life-cycle model, we find that redistribution through the tax-and -transfer system … risk. Progressive taxation of annual earnings provides little insurance against lifetime earnings risk. The lifetime …
Persistent link: https://www.econbiz.de/10011816547
By simulating the working of the unemployment insurance savings accounts (UISAs) in Slovenia using a methodology … traditional unemployment insurance (UI) system, and how the redistribution of income changes if the UI system is replaced by UISAs …
Persistent link: https://www.econbiz.de/10010268653
The paper describes and evaluates unemployment insurance savings accounts (UISAs) - a relatively new and not well … management of short and long term savings (i.e., pension wealth) while avoiding unnecessary administrative costs. The paper …
Persistent link: https://www.econbiz.de/10010276404
. UISAs are schemes of individual mandatory savings. Therefore, they smooth income over an individual's life cycle rather than … turned to Unemployment Insurance Savings Accounts (UISAs) as an alternative to traditional systems of unemployment insurance … pooling unemployment risk over the total working population at a point in time. This form of unemployment insurance diminishes …
Persistent link: https://www.econbiz.de/10010278335
We derive the shape of optimal unemployment insurance (UI) contracts when agents can exert search effort but face different search costs and have private information about their type. We derive a recursive solution of our dynamic adverse selection problem with repeated moral hazard. Conditions...
Persistent link: https://www.econbiz.de/10010262113