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Persistent link: https://www.econbiz.de/10014574265
We examine how receipt of several major transfer programs changed for individuals age 50-74 during the pandemic recession. Unemployment Insurance and SNAP receipt grew for less educated men and women age 50-61, and both, especially SNAP, provided significant support to those 62 and older....
Persistent link: https://www.econbiz.de/10013492438
Can governmental policies mitigate the effects of recessions on unemployment? We study whether the Swiss short-time work (STW) program reduced unemployment in the 2009-2015 period using quarterly establishment-level panel data linking several administrative data sources. We compare changes in...
Persistent link: https://www.econbiz.de/10012061314
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of...
Persistent link: https://www.econbiz.de/10010333564
Although New Keynesian models with labor market frictions found an increase in unemployment and a decrease in labor market tightness in response to a positive technology shock (which appears to be in line with recent empirical findings), the volatilities of unemployment and labor market...
Persistent link: https://www.econbiz.de/10011751890
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of...
Persistent link: https://www.econbiz.de/10010202667
search and matching frictions and incorporate a US unemployment insurance experience rating system. Layoff taxes based on … helps realign the search and matching model with the empirical properties of its most salient variables. The model …
Persistent link: https://www.econbiz.de/10010472501
A large decline in the efficiency of the US labor market in matching unemployed workers and vacant jobs has been … documented during the Great Recession. We use a simple New Keynesian model with search and matching frictions in the labor market … to study the macroeconomic implications of matching efficiency shocks. We show that the propagation of these disturbances …
Persistent link: https://www.econbiz.de/10014167922
A large decline in the efficiency of the U.S. labor market in matching unemployed workers and vacant jobs has been … documented during the Great Recession. We use a simple New Keynesian model with search and matching frictions in the labor market … to study the propagation of matching efficiency shocks. We show that the transmission of these disturbances and their …
Persistent link: https://www.econbiz.de/10013082608
Persistent link: https://www.econbiz.de/10011696908