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candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to … longitudinal structure of the Current Population Survey to construct unemployment exit hazards that vary across states, over time …, and between individuals with differing unemployment durations. I then use these hazards to explore a variety of …
Persistent link: https://www.econbiz.de/10013119336
61,000 persons in Spain in 1985 when unemployment exceeded 20%--to examine the effect of unemployment insurance (UI) and … family serves as a form of welfare; (3) hazard rates linking the chances of job finding to duration of unemployment in the … 1981-85 period of massive joblessness did not decline with duration; (4) the length of unemployment spells reduces wages …
Persistent link: https://www.econbiz.de/10013126008
foregone unemployment insurance about equally erode the rewards from retaining a job, or starting a new one …
Persistent link: https://www.econbiz.de/10013096855
institutional settings where a policy variable (such as weekly unemployment benefits) is determined by an observed but potentially … unemployment insurance benefits on the duration of joblessness in Austria, where the benefit schedule has kinks at the minimum and …
Persistent link: https://www.econbiz.de/10013097659
provided unemployment insurance (UI) and loans against pension accounts changes over time in a model where unemployment may … unemployment; and even more so when there is a chance that the loan will not be repaid. As we present the optimal mix of loans and … loans should still be a part of the unemployment package for the young unemployed. We also show that, if the incidence of …
Persistent link: https://www.econbiz.de/10013081509
In response to the Great Recession, the availability of unemployment insurance (UI) benefits was extended to an … individual exit from unemployment, and we compare the estimated impact with that for the prior extension of benefits during the … unemployment exit rate and a small increase in the expected duration of unemployment. The effects on exits and duration are …
Persistent link: https://www.econbiz.de/10013081844
This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the …
Persistent link: https://www.econbiz.de/10013071300
individuals who exhaust their Unemployment Insurance (UI) benefits use DI as a form of extended benefits. We exploit the haphazard …
Persistent link: https://www.econbiz.de/10013072574
Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job … vacancy creation, employment, and a rise in unemployment …
Persistent link: https://www.econbiz.de/10013074813
set of contingent claims conditional on this risk.We use the model to evaluate a tax-financed unemployment insurance … stochastic ones---generate rather limited unemployment effects, unless workers are close to indifferent between working and not …
Persistent link: https://www.econbiz.de/10013156859