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with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical … the unemployment insurance and the optimal search behavior of the unemployed gives rise to a self-reinforcing mechanism …
Persistent link: https://www.econbiz.de/10005067497
with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical … of the unemployment insurance and the optimal search behavior of the unemployed gives rise to a self …
Persistent link: https://www.econbiz.de/10005648719
with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by identical … the unemployment insurance and the optimal search behavior of the unemployed gives rise to a self-reinforcing mechanism …
Persistent link: https://www.econbiz.de/10005704937
search productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant … increasing benefits, moral hazard problems for constant benefits and decreasing search productivity for decreasing benefits. …
Persistent link: https://www.econbiz.de/10011513998
Evidence suggests that unemployed individuals sometimes can affect their job prospects by undertaking a costly action like deciding to move or retrain. Realistically, such an opportunity arises only for some individuals and the identity of those is unobservable. Unemployment insurance should...
Persistent link: https://www.econbiz.de/10010547525
search productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant … increasing benefits, moral hazard problems for constant benefits and decreasing search productivity for decreasing benefits. …
Persistent link: https://www.econbiz.de/10010315684
respected in addition to the standard constraint involving costly unobservable job-search. In particular, we derive closed …
Persistent link: https://www.econbiz.de/10005504238
search productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant … increasing benefits, moral hazard problems for constant benefits and decreasing search productivity for decreasing benefits. …
Persistent link: https://www.econbiz.de/10005406174
This paper presents a tractable dynamic general equilibrium model that can explain cross-country empirical regularities in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance (UI), taking the dynamic distortionary e.ects of...
Persistent link: https://www.econbiz.de/10011539071
tractable model allowing moral hazard, adverse selection and hidden saving. Analytical results show that when the search … benefits, moral hazard problems constant benefits and decreasing search productivity falling benefits. …
Persistent link: https://www.econbiz.de/10011414504