abolished the dependence of unemployment insurance benefits on the elapsed unemployment duration and simultaneously introduced … unemployment duration is positive and significant. Neglecting selectivity leads to an underestimation of the effects in absolute …We develop a nonparametric instrumental variable approach for the estimation of average treatment effects on hazard …

also extends reemployment bonuses. We show the effect of extended benefits on unemployment duration can be decomposed to … estimates suggest liquidity effect explains 87% of the increase in unemployment duration due to extended benefits in Taiwan. Our … using two natural experiments. In Taiwan, since unemployed workers eligible for unemployment benefits receive 50% of their …

German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical)unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …