affects job search behavior. We look at the effect of wealth at the entry into unemployment on the exit rate from unemployment …

affects job search behavior. We look at the effect of wealth at the entry into unemployment on the exit rate from unemployment …

precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can to some extent serve as a substitute for publicly provided unemployment insurance. -- unemployment …

precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can complement publicly provided unemployment insurance …

precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can to some extent serve as a substitute for publicly provided unemployment insurance …

or long-term unemployment, may occur during working years. Personal disaster risk alters lifetime ex-ante investment …