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employment and unemployment chances of unemployed job seekers. If anything, temporary help work seems to provide an access … techniques to estimate the stepping-stone function to regular employment of temporary help work for unemployed job seekers. Our … help employment for the unemployed, they do neither confirm the existence of adverse effects on the future regular …
Persistent link: https://www.econbiz.de/10012772449
We show that the largest increase in unemployment benefits in U.S. history had large spending impacts and small job … dynamics—but not employment dynamics—during the pandemic. Second, benefit expansions allow us to study the MPC of normally low …
Persistent link: https://www.econbiz.de/10014078600
By how much does an extension of unemployment benefits affect macroeconomic outcomes such as unemployment? Answering … this question is challenging because U.S. law extends benefits for states experiencing high unemployment. We use data … and find that they increased the unemployment rate by at most 0.3 percentage point …
Persistent link: https://www.econbiz.de/10012994904
We study a large-scale French reform that provided generous downside insurance for unemployed individuals starting a … employment is largely offset by large crowd-out effects. However, because new firms are more productive, the reform has the …
Persistent link: https://www.econbiz.de/10013043273
Reemployment bonus experiments offer large lump sum payments to unemployment insurance (UI) recipients who find a job … Illinois and discusses the implications of the experiments for theories of unemployment and policy design. I examine the hazard … rate of exit from unemployment and find that it is significantly higher for the experimental groups, but only during the …
Persistent link: https://www.econbiz.de/10013248100
Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated … parameters which only differ by the degree of unemployment insurance and assume that they are hit by a common technological shock …
Persistent link: https://www.econbiz.de/10014158066
sharp discontinuities in eligibility for severance pay and extended unemployment insurance (UI) benefits in Austria …
Persistent link: https://www.econbiz.de/10012760593
productivity, real wages and employment. To quantify the effects of reallocation intensity on employment, we estimate regression … other variables as instruments. We find large positive effects of worker reallocation rates on employment, especially for …. These results suggest the U.S. economy faced serious impediments to high employment rates well before the Great Recession …
Persistent link: https://www.econbiz.de/10013032478
-worker firms choose whether to shrink or expand their employment in response to shocks to their decreasing returns to scale … technology. Growing entails posting costly vacancies, which are filled either by the unemployed or by employees poached from …
Persistent link: https://www.econbiz.de/10012857823
implied by new unemployment claims: we estimate 20 million lost jobs by April 6th, far more than jobs lost over the entire … Great Recession. Second, many of those losing jobs are not actively looking to find new ones. As a result, we estimate the … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012836425