We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of … aggregate wealth moments. Our central finding is that changes to the current unemployment insurance program are valued … differently by married and single households. In particular, a more generous unemployment insurance reduces the welfare of married …

We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of … aggregate wealth moments. Our central finding is that changes to the current unemployment insurance program are valued … differently by married and single households. In particular, a more generous unemployment insurance reduces the welfare of married …

assess the importance of each worker flow to account for participation and unemployment rates over the life-cycle. We find that … substantially account for low participation and unemployment among old workers. Our results show that labor search models that do …We estimate life-cycle transition probabilities between employment, unemployment and inactivity for U.S. workers. We …

This paper measures the effect of the ongoing extensions of unemployment insurance (UI) benefits on the unemployment … extensions of UI benefits contributed to an increase in the unemployment rate by 1.4 percentage points, which is about 30 percent … unemployment rate increased from 2009 to 2011; while the number of vacancies has been recovering, the unemployment rate has …

This paper measures the effect of the ongoing extensions of unemployment insurance (UI) benefits on the unemployment … extensions of UI benefits contributed to an increase in the unemployment rate by 1.4 percentage points, which is about 30 percent … unemployment rate increased from 2009 to 2011; while the number of vacancies has been recovering, the unemployment rate has …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to … participation) and intensive margin (i.e., variable intensity) of search effort. The model attributes a major role to the production …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …

document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to … participation) and intensive margin (i.e., variable intensity) of search effort. The model attributes a major role to the production …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …