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Firms select not only how many, but also which workers to hire. Yet, in standard search models of the labor market, all workers have the same probability of being hired. We argue that selective hiring crucially affects welfare analysis. Our model is isomorphic to a search model under random...
Persistent link: https://www.econbiz.de/10009530304
Firms select not only how many, but also which workers to hire. Yet, in standard search models of the labor market, all workers have the same probability of being hired. We argue that selective hiring crucially affects welfare analysis. Our model is isomorphic to a search model under random...
Persistent link: https://www.econbiz.de/10009425519
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entrepreneurs in South Korea. Despite facing labor market risks similar to paid employees, entrepreneurs are often not eligible for … UI in many countries. South Korea, where entrepreneurs represent over 20% of the workforce, is considering a design of UI … for entrepreneurs, with the goal of providing coverage to this group by 2025. This study examines how the addition of UI …
Persistent link: https://www.econbiz.de/10015062550
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
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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