Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...

This paper studies contingent, temporary unemployment insurance (UI) coverag´s impactson employment and unemployment durations using a duration model extended with heapingconsiderations and a recent Canadian panel data...

This note focuses on the design of fair and work-oriented unemployment benefits, with a specific focus on Belgium, a country in which the design of the unemployment benefits system has become the subject of an intense policy debate in recent years. After taking stock of the most recent...

This paper estimates the effect of involuntary job loss on smoking behaviour and body weight using German SOEP data. Baseline non-smokers are more likely to start smoking due to job loss, while smokers do not intensify smoking. In particular, single individuals and those with lower health or...