Showing 1 - 10 of 964
) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the … substantial negative effects of unemployment duration on wages of 0.8% per month …This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using …
Persistent link: https://www.econbiz.de/10012458891
This paper presents new evidence on why unemployment insurance (UI) benefits affect search behavior and develops a … unemployment durations caused by UI benefits is due to a "liquidity effect" rather than distortions in marginal incentives to …
Persistent link: https://www.econbiz.de/10012464682
In this paper, we review the literature on the "spike" in unemployment exit rates around benefit exhaustion, and … unemployment spells are measured has a large effect on the magnitude of the spike at exhaustion, both in existing studies and in … defined by the time spent on the unemployment system. In Austria, the exit rate from registered unemployment rises by over 200 …
Persistent link: https://www.econbiz.de/10012465763
This paper examines unemployment duration and the incidence of claims following a 36 percent increase in the maximum … duration to be convincingly separated from effects on incidence. The results show a sharp fall in the hazard of leaving UI that … incidence of claims and with this change in incidence biasing duration estimates. The evidence further suggests that, at least …
Persistent link: https://www.econbiz.de/10012465791
It is well known that unemployment benefits raise unemployment durations. This result has traditionally been … hazard. This paper questions this interpretation by showing that unemployment benefits can also affect durations through an … proxies such as asset holdings. I find that increases in unemployment benefits have small effects on durations in the …
Persistent link: https://www.econbiz.de/10012466911
duration of unemployment spells …We study the optimal design of unemployment insurance for workers sampling job opportunities over time. We focus on the … absolute risk aversion preferences, a very simple policy is optimal: a constant benefit during unemployment, a constant tax …
Persistent link: https://www.econbiz.de/10012466987
-funded unemployment insurance program. We show that when the duration of unemployment is very short compared to the period of employment …This paper analyzes a social insurance system that integrates unemployment insurance with a pension program through an … individual account, allowing workers to borrow against their future wage income to finance consumption during an unemployment …
Persistent link: https://www.econbiz.de/10012469511
We examine the effects of unemployment insurance (UI) experience rating on layoffs using high quality firm and …
Persistent link: https://www.econbiz.de/10012473939
of higher unemployment insurance benefits, individuals who filed just before and just after sixteen benefit increases are … period of unemployment insurance receipt by about one week. This effect is precisely estimated and found using several … approaches. the incidence of layoffs resulting in unemployment insurance claims is unaffected by the increases. The evidence does …
Persistent link: https://www.econbiz.de/10012475882
This paper uses two data sets to examine the impact of the potential duration of unemployment insurance (UI) benefits … on the duration of unemployment and the time pattern of the escape rate from unemployment in the United States. The first … spikes in the escape rate from unemployment for nonrecipients strongly suggests that the potential duration of UI benefits …
Persistent link: https://www.econbiz.de/10012476319