Showing 1 - 10 of 1,198
Persistent link: https://www.econbiz.de/10011696550
We use a life cycle model of consumption and portfolio choice to study the effects of social security on the investment decisions of households for the European case. Our model is mainly based on the one developed by Cocco, Gomes, and Maenhout (2005). We extend it by unemployment risk using...
Persistent link: https://www.econbiz.de/10010291783
This paper empirically analyzes the distribution of unemployment durations in West- Germany before and after the changes during the mid 1980s in the maximum entitlement periods for unemployment benefits for elderly unemployed. The analysis is based on the comprehensive IAB employment subsample...
Persistent link: https://www.econbiz.de/10010297359
We compare information on the length of unemployment spells contained in the IAB employment subsample (IABS) and in the German Socio-Economic Panel (GSOEP). Due to the lack of information on registered unemployment in the IABS, we use two proxies of unemployment in the IABS as introduced by...
Persistent link: https://www.econbiz.de/10010297415
m Jahr 1997 wurden die maximalen Anspruchsdauern auf Arbeitslosengeld für ältere Beschäftigte verkürzt. In der vorliegenden Arbeit werden die Auswirkungen dieser Reform auf Übergänge von Beschäftigung in Arbeitslosigkeit und Verweildauern in Arbeitslosigkeit der 54-56jährigen untersucht....
Persistent link: https://www.econbiz.de/10010298017
The aim of this paper is to study the optimal duration of unemployment benefit entitlement duration across the business cycle. We wonder if the entitlement duration should be prolonged in bad and shortened in good times. Because of consumption smoothing, such a countercyclical policy can be...
Persistent link: https://www.econbiz.de/10010299477
We derive the shape of optimal unemployment insurance (UI) contracts when agents can exert search effort but face different search costs and have private information about their type. We derive a recursive solution of our dynamic adverse selection problem with repeated moral hazard. Conditions...
Persistent link: https://www.econbiz.de/10010301115
Die Suchtheorie macht zwei komplementäre Vorhersagen über den Einfluß der Arbeitslosenversicherung auf die Dynamik von … Arbeitslosigkeit. Indem die Anspruchslöhne der Arbeitslosen erhöht werden, sollte die Arbeitslosenversicherung sowohl zu einer … Vergleich sind allenfalls die negativen Dauereffekte der Arbeitslosenversicherung in den USA etwas stärker, während in der …
Persistent link: https://www.econbiz.de/10010303934
This paper analyses crucial design features of unemployment insurance (UI) policies. We examine three different means of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and workfare. To that end we develop a quantitative model of...
Persistent link: https://www.econbiz.de/10010321532
Existing unemployment insurance systems in many OECD countries involve a ceiling on insurable earnings. The result is lower replacement rate for employees with relatively high earnings. This paper examines whether replacement rates should decrease as the level of earnings rises. The framework is...
Persistent link: https://www.econbiz.de/10010321580