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The impacts of introducing or tightening time limits on welfare use are studied in an efficiency wage model. Those losing access to regular benefits receive some smaller benefit, which can be interpreted as food stamps. Stricter time limits raise both employment and profits and generally reduce...
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in models by analysing the measurement of duration dependence of unemployment. Since search theory can’t be made … operational for this purpose duration models which model of the outflow process of unemployment with a Weibull function are taken … principle to make a measure of the elasticity of response between unemployment benefit and duration of unemployment. It enables …
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