Showing 1 - 10 of 324
This paper examines how unemployment affects retirement and whether the Unemployment Insurance (UI) system and Social … income loss associated with a weak labor market. We also estimate the impact of UI generosity on retirement and find little … for older workers than UI. …
Persistent link: https://www.econbiz.de/10005248815
Using longitudinal data for 1968-2009 for male household heads, we determine the prevalence of pre- retirement age disability and its association with a wide range of outcomes, including earnings, income, and consumption. We then employ some of these quantities in the optimal social insurance...
Persistent link: https://www.econbiz.de/10010796715
We measure the effect of unemployment benefit duration on employment. We exploit the variation induced by the decision …-sectional differences across U.S. states and we exploit a policy discontinuity at state borders. We find that a 1% drop in benefit duration …
Persistent link: https://www.econbiz.de/10011133502
benefit extensions. In contrast to the existing literature that focused on estimating the effects of benefit duration on job …
Persistent link: https://www.econbiz.de/10011133516
We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment … from a regression kink design that exploits the quasi-experimental variation around the kink in the UI benefit schedule. We … find that UI durations are more responsive to benefit levels during the recession and its aftermath, with an elasticity …
Persistent link: https://www.econbiz.de/10011123638
In response to the Great Recession, the availability of unemployment insurance (UI) benefits was extended to an … the timing and size of the UI benefit extensions across states to estimate the overall impact of these extensions on … 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/10010822011
We develop an empirical search-matching model which is suitable for analyzing the wage, employment and welfare impact of regulation in a labor market with heterogeneous workers and jobs. To achieve this we develop an equilibrium model of wage determination and employment which extends the...
Persistent link: https://www.econbiz.de/10010796609
This paper studies the optimal redistribution of income inequality in a model with search and matching frictions in the labor market. We study this problem in the context of a directed search model of the labor market populated by homogeneous workers and heterogeneous firms. The optimal...
Persistent link: https://www.econbiz.de/10010785643
Some existing welfare programs ("work-first") require participants to work in exchange for benefits. Others ("job search-first") emphasize private job-search and provide assistance in finding and retaining a durable employment. This paper studies the optimal design of welfare programs when (i)...
Persistent link: https://www.econbiz.de/10010950714
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 … paper shows that UI extensions at age thresholds reduced reemployment wages of job searchers in Germany. The UI extensions …
Persistent link: https://www.econbiz.de/10010950762