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achieving coverage in countries with high informality, financing the scheme without further distorting the labor market, and …
Persistent link: https://www.econbiz.de/10011549787
participation, and a decline in the informality rate. The latter is unprecedented since informality used to cushion the decline in … sector are essential to account for the employment and output loss and for the decline in the informality rate. …
Persistent link: https://www.econbiz.de/10012796814
The unemployment protection systems that exist in most Latin American economies are generally considered inadequate in terms of providing insurance to workers. They may also encourage stratified labor markets and impose barriers to the employee's mobility and the firm's adjustment to changing...
Persistent link: https://www.econbiz.de/10010278335
The unemployment protection systems that exist in most Latin American economies are generally considered inadequate in terms of providing insurance to workers. They may also encourage stratified labor markets and impose barriers to the employee’s mobility and the firm's adjustment to changing...
Persistent link: https://www.econbiz.de/10008868138
This paper investigates the incentives that may induce workers to supplement income from unemployment benefits by engaging in temporary informal work. Using a dynamic model of job-search with moral hazard that incorporates a stylised schedule of benefit payments, we describe how informal sector...
Persistent link: https://www.econbiz.de/10011761509
Exploiting an unemployment insurance (UI) reform in Brazil, we study incentive effects of UI in the presence of informal labor markets. We find that eligibility for UI benefits increases formal layoffs by twelve percent. Most of the additional formal layoffs are related to workers transitioning...
Persistent link: https://www.econbiz.de/10012852422
We analyze for the first time the welfare effects of unemployment benefits (UBs) in a context of high informality …
Persistent link: https://www.econbiz.de/10012596314
In this paper, we document that a more generous unemployment insurance (UI) system shifts labor supply from safer to riskier firms and reduces the compensating wage differential that riskier firms are required to pay. Reallocation of labor supply towards riskier firms has real implications for...
Persistent link: https://www.econbiz.de/10012847424
Empirical evidence shows that in a labor market characterized by a severe degree of informality, unemployment insurance … model that incorporates informality in an incomplete markets framework to analyze the impact of changing (UI) components. In … while working in informality. We find that increasing the benefit eligibility criteria fosters employment while the duration …
Persistent link: https://www.econbiz.de/10014237425
This paper shows that workers who do not receive legally mandated benefits due to employer noncompliance have a negative view not only of their employers, as has been documented, but also of the State. Those workers believe that the State did not protect their rights, and hence they feel fewer...
Persistent link: https://www.econbiz.de/10011314185