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In this paper we study the effects of unemployment benefit duration and the business cycle on unemployment duration. We … construct durations for individuals entering unemployment from a longitudinal sample of Spanish men in 1987-1994. Estimated … discrete hazard models indicate that receipt of unemployment benefits significantly reduces the hazard of leaving unemployment …
Persistent link: https://www.econbiz.de/10014059630
unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes … benefit duration (PBD) within the German UI system, we find that longer PBD leads to longer actual unemployment duration for … for those individuals becoming re-employed. With increasing unemployment benefit duration, the founders’ outcomes in terms …
Persistent link: https://www.econbiz.de/10012241969
unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on re-employment outcomes … benefit duration (PBD) within the German UI system, we find that longer PBD leads to longer actual unemployment duration for … for those individuals becoming re-employed. With increasing unemployment benefit duration, the founders’ outcomes in terms …
Persistent link: https://www.econbiz.de/10014095298
Business creation is economically important, and unemployment precedes the creation of a substantial share of new firms …. Yet, most research has focused on analyzing the effects of unemployment insurance policies on re-employment outcomes …, ignoring self-employment. In this paper, we analyze how the potential duration of unemployment benefits, a fundamental design …
Persistent link: https://www.econbiz.de/10015048442
We show in a union-bargaining model that a decrease in the unemployment benefit level increases not only equilibrium …-term wage contracts lead to highter expected real wages and hence higher expected unemployment than short-term contracts …
Persistent link: https://www.econbiz.de/10011399303
We show in a union-bargaining model that a decrease in the unemployment benefit level increases not only equilibrium …-term wage contracts lead to higher expected real wages and, hence, higher expected unemployment than short-term contracts …
Persistent link: https://www.econbiz.de/10013320878
limiting the contraction in job creation and employment as well as the rise in aggregate unemployment during recessions …We study how the countercyclicality of temporary layoffs affects aggregate unemployment fluctuations, firm entry and … exit dynamics, and macroeconomic fluctuations by building a tractable framework with equilibrium unemployment and …
Persistent link: https://www.econbiz.de/10014263522
individual unemployment benefit spell durations. We compare a period of expansion (2005-2007) and the recent recession (2009 … jobs in the expansion period until the time of unemployment benefit expires. Individuals who are most affected by the … financial crisis tend to be males, those aged 16-24 and 40-51 years, those living in regions with higher unemployment rates …
Persistent link: https://www.econbiz.de/10010345541
We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10010440544
The last three recessions in the United States were followed by jobless recoveries: while labor productivity recovered …, unemployment remained high. In this paper, we show that countercyclical unemployment benefit extensions lead to jobless recoveries …. We augment the standard Mortensen-Pissarides model to incorporate unemployment benefits expiration and state …
Persistent link: https://www.econbiz.de/10013055001