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 …

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 …

-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 …

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 …

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

One goal of extending the duration of unemployment insurance (UI) in recessions is to increase UI coverage in the face … of longer unemployment spells. Although it is a common concern that such extensions may themselves raise nonemployment … differential effects of UI in booms and recessions, this paper exploits the fact that, in Germany, potential UI benefit duration is …

, when a Brownian motion with drift hits a barrier. This implies that the duration of each worker's jobless spells has an … prove that the distribution of these parameters is identified from the duration of two spells. We use social security data … for Austrian workers to estimate the model. We conclude that dynamic selection is a critical source of duration dependence …

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 …

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 …