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aspects: incidence, severity and hysteresis. Incidence refers to the conventional unemployment rate; severity takes in both … unemployment duration and the associated income loss; and hysteresis refers to the probability of remaining unemployed. The social … loss, unemployment duration and hysteresis. The resulting formula is simple and easy to understand and implement. We apply …
Persistent link: https://www.econbiz.de/10012909971
Extended unemployment benefits programs are triggered by the state insured unemployment rate while intrastate demand … conditions often vary dramatically. Some tight local labor markets may therefore exhibit a large effect of extended unemployment …, the entitlement effect is stronger in low unemployment labor markets. This finding is robust across a number of …
Persistent link: https://www.econbiz.de/10014207763
Although a relevant share of firms is created out of unemployment and current active labor market policies in Europe … often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment … extensive margin of (self-)employment and on unemployment duration. We find heterogeneous effects on the extensive margin: while …
Persistent link: https://www.econbiz.de/10012314595
Although a meaningful percentage of firms are created out of unemployment and current active labor market policies in … Europe often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment … extensive margin of (self-)employment and on unemployment duration. We find heterogeneous effects on the extensive margin: while …
Persistent link: https://www.econbiz.de/10012520079
Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …
Persistent link: https://www.econbiz.de/10013164115
unemployment, their lifetime use of the system increases. This supply side hysteresis effect may explain why unemployment has …This paper presents results from a 1971 natural experiment carried out by the Canadian government on the unemployment … steadily increased over the 1972-1992 period, even though the generosity of unemployment insurance did not …
Persistent link: https://www.econbiz.de/10014140661
We use linked longitudinal data on employers and employees to estimate how the 2003-2005 Hartz reforms affected the wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage effects into components attributable to selection on...
Persistent link: https://www.econbiz.de/10012228177
larger earnings fluctuations than employees and that they frequently transition into unemployment. Given that the self …-employed are not eligible to unemployment insurance, I analyze the provision of benefits targeted at these risks using a calibrated … heterogeneity. This exercise suggests that extending the current U.S. unemployment insurance scheme to the self-employed comes with …
Persistent link: https://www.econbiz.de/10014464421
Unemployment insurance is usually found to show negative effects in the transition from unemployment to a new job …. However, the extent to which workers' careers might improve or deteriorate as a result of the unemployment insurance system is … for a dual labour market, such as the market in Spain, where temporary and permanent workers differ with respect to …
Persistent link: https://www.econbiz.de/10010503359
In this paper we study the effects of unemployment benefit duration and the business cycle on unemployment duration. We … construct durations for individuals entering unemployment from a longitudinal sample of Spanish men in 1987-1994. Estimated … discrete hazard models indicate that receipt of unemployment benefits significantly reduces the hazard of leaving unemployment …
Persistent link: https://www.econbiz.de/10014059630