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Consumption choices and earnings expectations : empirical evidence and structural estimation
Stoltenberg, Christian; Uhlendorff, Arne - 2023
In this paper, we document that households' consumption expenditures crucially depend on their expected earnings - even after controlling for realized earnings, wealth and time-invariant unobserved characteristics such as permanent income and over-confidence. To explain this evidence, we develop...
Persistent link: https://www.econbiz.de/10014249642
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Consumption choices and earnings expectations : empirical evidence and structural estimation
Stoltenberg, Christian; Uhlendorff, Arne - 2022
Persistent link: https://www.econbiz.de/10013355203
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Consumption choices and earnings expectations : empirical evidence and structural estimation
Stoltenberg, Christian; Uhlendorff, Arne - 2022
In this paper, we document that households’ consumption expenditures depend on their expected earnings - even after controlling for realized earnings and wealth. To explain this evidence, we develop and structurally estimate a standard-incomplete markets model in which rational households...
Persistent link: https://www.econbiz.de/10013329447
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Consumption choices and earnings expectations : empirical evidence and structural estimation
Stoltenberg, Christian; Uhlendorff, Arne - 2022
In this paper, we document that households' consumption expenditures depend on their expected earnings - even after controlling for realized earnings and wealth. To explain this evidence, we develop and structurally estimate a standard-incomplete markets model in which rational households...
Persistent link: https://www.econbiz.de/10013332707
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The role of sickness in the evaluation of job search assistance and sanctions
Berg, Gerard J. van den; Hofmann, Barbara; Uhlendorff, Arne - 2016
Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … relative attractiveness of vacancy referrals increases over the time spent in unemployment. Overall, around 9% of sickness …
Persistent link: https://www.econbiz.de/10011418245
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The role of sickness in the evaluation of job search assistance and sanctions
Berg, Gerard J. van den; Hofmann, Barbara; Uhlendorff, Arne - 2016
Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … relative attractiveness of vacancy referrals increases over the time spent in unemployment. Overall, around 9% of sickness …
Persistent link: https://www.econbiz.de/10011449662
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A structural analysis of vacancy referrals with imperfect monitoring and the strategic use of sickness absence
Berg, Gerard J. van den; Foerster, Hanno; Uhlendorff, Arne - 2021
Persistent link: https://www.econbiz.de/10012805196
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Mandatory integration agreements for unemployed job seekers: a randomized controlled field experiment in Germany
Berg, Gerard J. van den; Hofmann, Barbara; Stephan, Gesine - 2021
In the German unemployment insurance system, Integration Agreements (IA) are mandatory contracts between the employment …
Persistent link: https://www.econbiz.de/10012415082
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Mandatory integration agreements for unemployed job seekers: a randomized controlled field experiment in Germany
Berg, Gerard J. van den; Hofmann, Barbara; Stephan, Gesine - 2021
Integration Agreement (IA) are contracts between the employment agency and the unemployed, nudging the latter to comply with rules on search behavior. We designed and implemented an RCT involving thousands of newly unemployed workers, randomizing at the individual level both the timing of the IA...
Persistent link: https://www.econbiz.de/10012496735
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Job displacement and first birth over the business cycle
Hofmann, Barbara; Kreyenfeld, Michaela; Uhlendorff, Arne - 2017
This paper investigates the impact of job displacement on women's first birth rates, and the variation in this effect over the business cycle. We used mass layoffs to estimate the causal effects of involuntary job loss on fertility in the short and medium term, up to five years after...
Persistent link: https://www.econbiz.de/10011596874