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Taxation and Redistribution of Residual Income Inequality

Golosov, Mikhail - 2012

This paper studies the optimal redistribution of income inequality in a model with search and matching frictions in the …

Persistent link: https://www.econbiz.de/10013105002

Mismatch, Sorting and Wage Dynamics

Lise, Jeremy - 2013

We develop an empirical search-matching model which is suitable for analyzing the wage, employment and welfare impact … wage determination and employment which extends the current literature on equilibrium wage determination with matching and … of assortative matching between workers and jobs due to complementarities between worker and job characteristics. We use …

Persistent link: https://www.econbiz.de/10013088394

Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations

Krusell, Per - 2009

matching function. Wages are determined through Nash bargaining. We also consider aggregate productivity shocks, and a complete …

Persistent link: https://www.econbiz.de/10013156859

Do Unemployment Insurance Benefits Improve Match and Employer Quality? Evidence from Recent U.S. Recessions

Farooq, Ammar; Kugler, Adriana D.; Muratori, Umberto - 2022

Unemployment Insurance (UI) benefits have a moral hazard effect and a liquidity effect, with both generating increases in unemployment spells but the latter increasing wages due to the ability to find better matches or better jobs. Previous papers, however, find mixed evidence on the impact of...

Persistent link: https://www.econbiz.de/10013293512

Cash-on-Hand and Competing Models of Intertemporal Behavior : New Evidence from the Labor Market

Card, David - 2010

This paper presents new tests of the permanent income hypothesis and other widely used models of household behavior using data from the labor market. We estimate the quot;excess sensitivityquot; of job search behavior to cash-on-hand using sharp discontinuities in eligibility for severance pay...

Persistent link: https://www.econbiz.de/10012760593

Labor Market Shocks and Retirement : Do Government Programs Matter?

Coile, Courtney - 2010

This paper examines how unemployment affects retirement and whether the Unemployment Insurance (UI) system and Social Security (SS) system affect how older workers respond to labor market shocks. To do so, we use pooled cross-sectional data from the March Current Population Survey (CPS) as well...

Persistent link: https://www.econbiz.de/10012760622

The Effects of Unemployment Insurance Benefits : New Evidence and Interpretation

Schmieder, Johannes F. - 2016

The Great Recession has renewed interest in Unemployment Insurance (UI) programs around the world. At the same time, there have been important advances in both theory and measurement of UI. In this paper, we first use the theory to present a unified treatment of the welfare effects of UI benefit...

Persistent link: https://www.econbiz.de/10012984118

The Long-Term Effects of a Generous Income Support Program : Unemployment Insurance in New Brunswick and Maine, 1940-1991

Kuhn, Peter; Riddell, Chris - 2021

Using data spanning a half century for adjacent jurisdictions in the U.S. and Canada, we study the long-term effects of a very generous unemployment insurance (UI)program on weeks worked. We find large effects. For example, in 1990, about 6 percent of employed men in Maine's northernmost...

Persistent link: https://www.econbiz.de/10013216878

Unemployment Benefits, Labor Market Transitions, and Spurious Flows : A Multinational Logit Model with Errors in Classification

Poterba, James M.; Summers, Lawrence H. - 2021

This paper develops an algorithm for analyzing discrete events, such as labor market transitions, when some of these transitions are spurious because of measurement errors. Our algorithm extends the standard multinomial logit model, although our basic approach could be used with other stochastic...

Persistent link: https://www.econbiz.de/10013247270

Unemployment vs. Mismatch of Talents : Reconsidering Unemployment Benefits

Marimon, Ramon; Zilibotti, Fabrizio - 2022

We develop an equilibrium search-matching model with risk-neutral agents and two-sided ex-ante heterogeneity …

Persistent link: https://www.econbiz.de/10014158066

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