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Results of general equilibrium models are sensitive to model parameterization and specification. The role of macroeconomic closures and the effect of trade elasticities are documented in the literature, but there is no systematic analysis of the implications of different labor supply...
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We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a … by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment … unemployment insurance is reduced. A revenue-neutral rebalancing of social support away from unemployment insurance and toward …
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