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We study optimal unemployment insurance (UI) over the business cycle using a heterogeneous agent job search model with aggregate risk and incomplete markets. We validate the model-implied micro and macro labor market elasticities to changes in UI generosity against existing estimates, and...
Persistent link: https://www.econbiz.de/10012137069
The costs of searching for a job vacancy are typically associated with friction that deters or delays employment of potentially productive individuals. We demonstrate that in a labor market with moral hazard where effort is noncontractible, job search costs play a positive role, whose effect may...
Persistent link: https://www.econbiz.de/10009517818
male wage inequality on her local marriage market - the more heterogeneous potential future mates are in terms of earnings … education but the other one does not. Because of the high degree of assortative matching according to education on the marriage … one, they have the most to gain from divorcing and going back to the marriage market. This incentive becomes stronger if …
Persistent link: https://www.econbiz.de/10009385407
To analyze the impact of changes in the value of marriage on household decisions, we present a limited commitment … framework of household behavior in which decisions are made regarding labor supply, divorce and housing demand over the … lifecycle. We identify and estimate our structural model using exogenous variation in female labor supply and divorce rates due …
Persistent link: https://www.econbiz.de/10014419233
This paper provides evidence of the long-term relationship between male-to-female spousal violence and the Oportunidades conditional cash transfer program. It uses data from three nationally representative surveys that include detailed information on the prevalence of spousal abuse and threats...
Persistent link: https://www.econbiz.de/10011485300
This paper uses recent data for Germany and a new outcome variable to assess the consequences of parental separation on the well-being of youths. In particular, it is considered how subjective well-being, elicited from an ordinal 11-point general life satisfaction question, differs between...
Persistent link: https://www.econbiz.de/10001807296
We analyse the marriage decisions of men and women in rural India, focusing on the added attractiveness of sanitation … within the marital living arrangement. We demonstrate that the Government’s Total Sanitation Campaign (TSC) changed marriage … market outcomes for both men and women. To decompose the overall policy impact on the marriage market equilibrium, we develop …
Persistent link: https://www.econbiz.de/10012799787
In this paper we discuss the importance of families for understanding economic inequality. Family structure can in principle be an amplifier or mitigator of economic inequality. We describe three channels on how families shape economic inequality. First, how people match to form families matters...
Persistent link: https://www.econbiz.de/10014546250
introduced in 2008. This reform imposed financial self-responsibility after a finalized divorce. It weakened the relative … bargaining position of the spouse with a claim for maintenance in the case of a potential divorce prior to the law change …
Persistent link: https://www.econbiz.de/10011802026
Persistent link: https://www.econbiz.de/10012387069