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Persistent link: https://www.econbiz.de/10012130146
This paper studies whether adverse selection can rationalize a universal mandate for unemployment insurance (UI). Building on a unique feature of the unemployment policy in Sweden, where workers can opt for supplemental UI coverage above a minimum mandate, we provide the fi rst direct evidence...
Persistent link: https://www.econbiz.de/10011751378
I investigate in this paper partial equilibrium labor supply responses to unemployment insurance (UI) in the US. I use administrative data on the universe of unemployment spells in five states from the late 1970s to 1984, and non-parametrically identify the effect of both benefit level and...
Persistent link: https://www.econbiz.de/10009793437
search effort of treated workers plummets, the job finding probability of untreated workers increases, and their average … evidence to assess the relevance of different assumptions on technology and the wage setting process in equilibrium search and …
Persistent link: https://www.econbiz.de/10010189830
search effort of treated workers plummets, the job finding probability of untreated workers increases, and their average … evidence to assess the relevance of different assumptions on technology and the wage setting process in equilibrium search and …
Persistent link: https://www.econbiz.de/10010196059
search effort of treated workers plummets, the job finding probability of untreated workers increases, and their average … evidence to assess the relevance of different assumptions on technology and the wage setting process in equilibrium search and …
Persistent link: https://www.econbiz.de/10011345856
, jobs are lacking irrespective of job search. Therefore (1) a higher aggregate search effort cannot reduce aggregate … unemployment much; and (2) individual search effort creates a negative externality by reducing other jobseekers' probability of … finding a job as in a rat race. Hence the social benefits of job search are low. In a calibrated model, optimal UI increases …
Persistent link: https://www.econbiz.de/10009322527
I investigate in this paper partial equilibrium labor supply responses to unemployment insurance (UI) in the US. I use administrative data on the universe of unemployment spells in five states from the late 1970s to 1984, and non-parametrically identify the effect of both benefit level and...
Persistent link: https://www.econbiz.de/10010695864
search effort of treated workers plummets, the job finding probability of untreated workers increases, and their average … evidence to assess the relevance of different assumptions on technology and the wage setting process in equilibrium search and …
Persistent link: https://www.econbiz.de/10010696484
search effort of treated workers plummets, the job finding probability of untreated workers increases, and their average … evidence to assess the relevance of different assumptions on technology and the wage setting process in equilibrium search and …
Persistent link: https://www.econbiz.de/10010700369