) 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 …

unemployment benefits on the duration of joblessness in Austria, and discuss implementation issues that may arise in similar …

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 … revisions to decompose the variation in the duration of benefits into the part coming from actual differences in economic …

We measure the aggregate effect of unemployment benefit duration on employment and the labor force. We exploit the … benefit duration leads to a statistically significant increase of employment by 0.019 log points. In levels, 2.1 million …

unemployment exit rate and a small increase in the expected duration of unemployment. The effects on exits and duration are …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 insurance benefits on the duration of joblessness in Austria, where the benefit schedule has kinks at the minimum and … institutional settings where a policy variable (such as weekly unemployment benefits) is determined by an observed but potentially …

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 …

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 …

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 …

stationary search problems, the optimal subsidies are independent of unemployment duration. In contrast, when workers are …This paper studies the optimal timing of unemployment insurance subsidies in a McCall search model. Risk-averse workers … sequentially sample random job opportunities. Our model distinguishes unemployment subsidies from consumption during unemployment …