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In this paper we investigate whether the extension of the entitlement to unemployment benefits in the mid 80s can … explain the increase in the unemployment rates of unskilled and elder workers in western Germany. To answer this question we … unemployment among unskilled workers …
Persistent link: https://www.econbiz.de/10013319245
This paper estimates a structural model of job search which accounts for utility costs and benefits linked to mandatory reemployment programs. The estimation uses data from a randomized experiment which generates exogenous variation in the threat of program participation. I use the compensating...
Persistent link: https://www.econbiz.de/10012703033
unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …
Persistent link: https://www.econbiz.de/10010496985
Should unemployment insurance (UI) systems provide coverage for underemployed job seekers? Based on a statistical … analysis of Norwegian unemployment spells, we conclude that the answer to this question is yes. Allowing insured job seekers to … employers as a screening device when hiring from the unemployment pool. …
Persistent link: https://www.econbiz.de/10010238210
We study optimal unemployment insurance (UI) over the business cycle using a heterogeneous agent job search model with …
Persistent link: https://www.econbiz.de/10012137069
German unemployment insurance system to estimate how the dynamics of search effort respond to caseworker meetings and vacancy …
Persistent link: https://www.econbiz.de/10014452578
In response to the 2007-09 "Great Recession," the maximum duration of U.S. unemployment benefits was increased from the … microdata from the Current Population Survey. I find that a 10-week extension of UI benefits raises unemployment duration by …
Persistent link: https://www.econbiz.de/10010364964
In response to the 2007 - 09 "Great Recession," the maximum duration of U.S. unemployment benefits was increased from … microdata from the Current Population Survey. I find that a 10-week extension of UI benefits raises unemployment duration by …
Persistent link: https://www.econbiz.de/10010417229
The costs of searching for a job vacancy are typically associated with friction that deters or delays employment of potentially productive individuals. We demonstrate that in a labor market with moral hazard where effort is noncontractible, job search costs play a positive role, whose effect may...
Persistent link: https://www.econbiz.de/10009517818
Should unemployment benefits be paid indefinitely at a fixed rate, or should it decline (or increase) over a worker …'s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker … optimal insurance program implies a declining benefit sequence over the spell of unemployment. Numerical calibrations of the …
Persistent link: https://www.econbiz.de/10014126750