-cycle model with age-dependent unemployment risk and gradual learning about the income profile that can address all three puzzles …. Young workers, on average asset poor, face larger labor-market uncertainty because of high unemployment risk and imperfect …

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. …

An empirical regularity in the US business cycles is that in recessions men's unemployment rate rises faster than women … of real personal consumption expenditures, we are able to show a correspondence between gender unemployment dynamics and … segregation based on occupational economic risk, which , in turn is realized in terms of the likelihood of unemployment spells. We …

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 …

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 …