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contribute to finance unemployment benefits would reduce formal employment …
Persistent link: https://www.econbiz.de/10013130452
We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of UI recipients and the aggregate labor market. Using a regression discontinuity design (RDD), we estimate a marginal effect of maximum duration on UI and nonemployment spells of...
Persistent link: https://www.econbiz.de/10012233084
We study optimal unemployment insurance (UI) policy over the business cycle, using a heterogeneous agent job-search model with aggregate risk and incomplete markets. We validate the model-implied micro and macro labor market elasticities to changes in the generosity of UI benefits against...
Persistent link: https://www.econbiz.de/10012311610
differ in workers' productivity. We look at the paths of employment, wages, taxes, labor costs and profits during and after … strength of the initial shock to employment. In the long run, the system asymptotically converges to full employment. If the … employment and inequalities throughout the redeployment process, while higher subsidies are conducive to lower inequalities and …
Persistent link: https://www.econbiz.de/10003339774
Generous income support programs as provided by European welfare states have often been blamed to hamper employment …
Persistent link: https://www.econbiz.de/10011299149
Generous income support programs as provided by European welfare states have often been blamed to hamper employment …
Persistent link: https://www.econbiz.de/10011295803
transitions between the states of nonparticipation, unemployed search, and employment. Motivated by a model of household search … nonparticipation (both out of unemployed search and employment) are positively affected by the husband's income (while no effect is … found for transitions out of nonparticipation). Men seem to move from employment into unemployed search easier the higher is …
Persistent link: https://www.econbiz.de/10012607755
employment experience of older male workers during the past half-century. We build an equilibrium life-cycle model with labor … institutions in ways that deteriorate employment. The model explains simultaneously: (i) the fall in labor force participation in …, especially in turbulent economic times and under stringent employment protection legislation. …
Persistent link: https://www.econbiz.de/10011517164
Generous income support programs as provided by European welfare states have often been blamed to hamper employment …
Persistent link: https://www.econbiz.de/10011729528
s and 1980s accounts for the decline in employment among older workers in the United States. Second, the interaction …
Persistent link: https://www.econbiz.de/10011994453