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Persistent link: https://www.econbiz.de/10011703646
This paper analyzes the effects of unemployment insurance (UI) benefits on unemployment exits and subsequent labor market outcomes. We exploit a piecewise linear relationship between the previous wage and UI benefits in Finland to identify the causal effects of the benefit level by using a...
Persistent link: https://www.econbiz.de/10011596873
The generosity of the Unemployment Insurance system (UI) plays a central role for the job search behavior of unemployed individuals. Standard search theory predicts that an increase in UI benefit generosity, either in terms of benefit duration or entitlement, has a negative impact on the job...
Persistent link: https://www.econbiz.de/10010269443
The paper investigates exit probabilities of registered unemployed to active labour market programmes using administrative records from the unemployment register of the Hungarian National Labour Centre. We estimate parametric duration models that summarise variation in exit probabilities with...
Persistent link: https://www.econbiz.de/10010494686
This paper summarizes state unemployment insurance job search policies based on a recent survey of states by the National Association of State Workforce Agencies. It then reviews research results on the effects of reemployment services on durations of insured unemployment. The paper documents...
Persistent link: https://www.econbiz.de/10010287990
Unemployment benefits often reduce incentives to search for a job. Policymakers have responded to this behaviour by setting minimum job search requirements, by monitoring to check that unemployment benefit recipients are engaged in the appropriate level of job search activity, and by imposing...
Persistent link: https://www.econbiz.de/10011417039
Persistent link: https://www.econbiz.de/10011339249
In response to the 2007-09 "Great Recession," the maximum duration of U.S. unemployment benefits was increased from the normal level of 26 weeks to an unprecedented 99 weeks. I estimate the impact of these extensions on job search, comparing them with the more limited extensions associated with...
Persistent link: https://www.econbiz.de/10010364964
Findings of prolonged non-employment spells due to more generous unemployment benefits are commonly seen as an indication of reduced job search effort and moral hazard behavior. However, to date, there is hardly any direct evidence of benefit-induced reductions in search effort. This paper...
Persistent link: https://www.econbiz.de/10011543920
This paper provides a unified account of the trends in unemployment and labor force participation pertaining to the employment experience of older male workers during the past half-century. We build an equilibrium life-cycle model with labor-market frictions and an operative labor supply margin,...
Persistent link: https://www.econbiz.de/10011517164