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search productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant … increasing benefits, moral hazard problems for constant benefits and decreasing search productivity for decreasing benefits. …
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the job search behavior of unemployed individuals, incorporating institutional features of the monitoring of search … behavior by the agencies. Notably, rejections of VRs may lead to sanctions (temporary benefits reductions) while workers may … caseworker recorded data on VRs, sick reporting and sanctions. The analysis highlights the influence of aspects of the health …
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labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously …
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labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously …
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labor markets. Facing search frictions within markets and reallocation frictions between markets, workers endogenously …
Persistent link: https://www.econbiz.de/10010291340
; layoffs are random and beyond the worker s influence, while the re-employment chance is directly affected by search effort. We … characterize the worker s optimal savings and job-search behavior as well as the resulting consumption paths and wealth formation …. In general, all decisions will depend on the current level of wealth: First, the choice of search effort increases as …
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