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When Institutions Interact : How the Effects of Unemployment Insurance are Shaped by Retirement Policies
Gudgeon, Matthew; Guzman, Pablo; Schmieder, Johannes; … - National Bureau of Economic Research - 2023
This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in … these interactions, documenting large bunching in UI inflows at the age that allows workers to claim their pension following … UI expiration. We then estimate a dynamic life-cycle model and use it to directly quantify how the effects of UI vary …
Persistent link: https://www.econbiz.de/10014421233
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Wage Insurance for Displaced Workers
Hyman, Benjamin G.; Kovak, Brian K.; Leive, Adam - National Bureau of Economic Research - 2024
Wage insurance provides income support to displaced workers who find reemployment at a lower wage. We analyze wage insurance in the context of the U.S. Trade Adjustment Assistance (TAA) program by merging linked employer-employee Census data to TAA petitions and leveraging a discontinuity in...
Persistent link: https://www.econbiz.de/10014544742
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Unemployment Insurance, Starting Salaries, and Jobs
Dahl, Gordon B.; Knepper, Matthew M. - National Bureau of Economic Research - 2022
bargaining power as UI benefits become less generous …
Persistent link: https://www.econbiz.de/10013334371
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The Costs of Job Displacement over the Business Cycle and Its Sources : Evidence from Germany
Schmieder, Johannes; Wachter, Till von; Heining, Jörg - National Bureau of Economic Research - 2022
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses...
Persistent link: https://www.econbiz.de/10013334381
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Bringing Them In or Pushing Them Out? The Labor Market Effects of Pro-cyclical Unemployment Assistance Changes
Domènech-Arumí, Gerard; Vannutelli, Silvia - National Bureau of Economic Research - 2022
-term unemployment assistance (UA). The reform raised the minimum age to receive unlimited-duration UA from 52 to 55. Using a difference …-in-differences design, we document that shorter benefits caused (i) shorter non-employment duration, especially among younger workers; (ii …
Persistent link: https://www.econbiz.de/10013334518
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Disemployment Effects of Unemployment Insurance : A Meta-Analysis
Cohen, Jonathan P. - 2024
We systematically review studies of how unemployment benefits affect unemployment duration. Statistically significant …
Persistent link: https://www.econbiz.de/10015056158
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The Internet, Search Frictions and Aggregate Unemployment
Bhuller, Manudeep; Ferraro, Domenico; Kostøl, Andreas … - National Bureau of Economic Research - 2023
How has the internet affected search and hiring, and what are the implications for aggregate unemployment? Answering these questions empirically has proven difficult due to selection in internet use and difficulty in measuring the search activities of both sides of the labor market. This paper...
Persistent link: https://www.econbiz.de/10014226108
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The Nature of Long-Term Unemployment : Predictability, Heterogeneity and Selection
Müller, Andreas; Spinnewijn, Johannes - National Bureau of Economic Research - 2023
This paper studies the predictability of long-term unemployment (LTU) and analyzes its main determinants using rich administrative data in Sweden. Compared to using standard socio-demographic variables, the predictive power more than doubles when leveraging the rich data environment. The largest...
Persistent link: https://www.econbiz.de/10014226176
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Wellbeing, Expectations and Unemployment in Europe
Blanchflower, David G.; Bryson, Alex - National Bureau of Economic Research - 2023
We find expectations are more sensitive to economic growth than traditional wellbeing metrics. We examine Eurobarometer micro data from 1973-2023 on movements in life satisfaction along with data from 1995-2022 on five expectations variables on and individual's life and their financial and job...
Persistent link: https://www.econbiz.de/10014447326
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Incentive-Compatible Unemployment Reinsurance for the Euro Area
Karajvanov, Alexander K.; Mojon, Benoît; Silva, Luiz … - National Bureau of Economic Research - 2024
We model a reinsurance mechanism for the national unemployment insurance programs of euro area member states. The risk-sharing scheme we analyze is designed to smooth country-level unemployment risk and expenditures around each country's median level, so that participation and contributions...
Persistent link: https://www.econbiz.de/10014544675