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50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI …
Persistent link: https://www.econbiz.de/10010268859
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the … quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A …
Persistent link: https://www.econbiz.de/10011626477
In the standard macroeconomic search and matching model of the labor market, there is a tight link between the … quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households’ behavior directly, without having to run via the bargained wage. A …
Persistent link: https://www.econbiz.de/10011630719
have higher wage dispersion. We also examine the relationship between unemployment benefits and job search. …
Persistent link: https://www.econbiz.de/10010268843
labor markets. Upon a neutral shock, total unemployment decrease is two-staged: firstly with a reduction in unskilled … investment. Idiosyncratic shock shifts the skilled labor share and changes tightness in both skilled and unskilled markets. Given … unemployment, and then due to a sharp decline of skilled unemployment when skill substitution dominates. A higher elasticity of …
Persistent link: https://www.econbiz.de/10010281580
This paper documents the short run and long run behavior of the search and matching model with staggered Nash wage … labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …
Persistent link: https://www.econbiz.de/10010277345
In Portugal duration of benefits is exclusively age determined while replacement rates are to all intents and purposes uniform. We exploit differences in potential maximum duration of benefits for nearly matched pairs of individuals who differ in age by one year and in potential maximum duration...
Persistent link: https://www.econbiz.de/10010268506
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 …Job search models offer two complementary predictions about the effects of unemployment benefits on job search outcomes …
Persistent link: https://www.econbiz.de/10010303934
sharply over the spell of unemployment; (2) the self-reported reservation wage predicts whether a job offer is accepted or … rejected; (3) the reservation wage is remarkably stable over the course of unemployment for most workers, with the notable … devoted to job search and the reservation wage help predict early exits from Unemployment Insurance (UI). …
Persistent link: https://www.econbiz.de/10010274673
This paper analyses the potential impacts of introducing unemployment insurance (UI) in middle income countries using … unemployment and three employment sectors: formal and informal wage employment, and self employment. The parameters of the model … informal, formal and self employed workers. The results suggest that unemployment insurance would have only a modest negative …
Persistent link: https://www.econbiz.de/10010283972