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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
-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment …
Persistent link: https://www.econbiz.de/10013334381
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Sticky Wages on the Layoff Margin
Davis, Steven J.; Krolikowski, Pawel - National Bureau of Economic Research - 2023
We design and field an innovative survey of unemployment insurance (UI) recipients that yields new insights about wage stickiness on the layoff margin. Most UI recipients express a willingness to accept wage cuts of 5-10 percent to save their jobs, and one third would accept a 25 percent cut....
Persistent link: https://www.econbiz.de/10014337762
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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 …
Persistent link: https://www.econbiz.de/10014421233
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Of Markets and Marriages : A Multidisciplinary, Multibook Review Essay of Recent Work on the Causes of U.S. Poverty
Ananat, Elizabeth Oltmans - National Bureau of Economic Research - 2024
I discuss recent books offering differing explanations for persistent U.S. poverty. Desmond (2023) argues that aid to low-income Americans is captured by more powerful market actors. I contextualize this concern as about incidence and consider both policies for changing incidence (by changing...
Persistent link: https://www.econbiz.de/10015072908
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Fund Flows and Income Risk of Fund Managers
Cen, Xiao; Dou, Winston Wei; Kogan, Leonid; Wu, Wei - National Bureau of Economic Research - 2023
Investment fund managers make asset allocation decisions on behalf of a significant segment of US households. To elucidate the incentives they operate under, as well as the income and career risks they face, we construct a unique and novel dataset, which encompasses detailed information on the...
Persistent link: https://www.econbiz.de/10014447307
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Declining Responsiveness at the Establishment Level : Sources and Productivity Implications
Cooper, Russell W.; Haltiwanger, John C.; Willis, … - National Bureau of Economic Research - 2024
is accounted for by the reduction in the response of employment to shocks in US establishments. Using a plant level … employment adjustment. Changes in market power, as captured by changes in the curvature of the revenue, function play a minimal …
Persistent link: https://www.econbiz.de/10014486222
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The Outlook for Women's Employment and Labor Force Participation
Albanesi, Stefania - National Bureau of Economic Research - 2023
Employment and participation rates for US prime age women rose steadily during the second half of the 20th century. In … the last 30 years, however, those rates stagnated, even as employment and participation rates for women in other … barriers, such as limited investment in family policies, that may be holding back employment among American women today. The …
Persistent link: https://www.econbiz.de/10014437047
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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
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Wage Insurance for Displaced Workers
Hyman, Benjamin G.; Kovak, Brian K.; Leive, Adam - National Bureau of Economic Research - 2024
short-run employment probabilities and leads to higher long-run cumulative earnings. We find shorter non-employment …
Persistent link: https://www.econbiz.de/10014544742
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Unemployment Insurance Fraud in the Debit Card Market
Khetan, Umang; Leder-Luis, Jetson; Wang, Jialan; Zhou, … - National Bureau of Economic Research - 2024
We study fraud in the unemployment insurance (UI) system using a dataset of 35 million debit card transactions. We apply machine learning techniques to cluster cards corresponding to varying levels of suspicious or potentially fraudulent activity. We then conduct a difference-in-differences...
Persistent link: https://www.econbiz.de/10014544804