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larger earnings fluctuations than employees and that they frequently transition into unemployment. Given that the self …-employed are not eligible to unemployment insurance, I analyze the provision of benefits targeted at these risks using a calibrated … heterogeneity. This exercise suggests that extending the current U.S. unemployment insurance scheme to the self-employed comes with …
Persistent link: https://www.econbiz.de/10014464421
Persistent link: https://www.econbiz.de/10008747619
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011405097
This paper analyzes changes in the risk of unemployment and changes in the distribution of unemployment duration for … employment subsample 1975-1997 is used for the analysis. It contains employment and unemployment trajectories of about 500 …, marital status etc. we identify significant differences in the first three quintiles of the unemployment duration distribution …
Persistent link: https://www.econbiz.de/10014063407
country model in which people move to maximize expected utility. Wages are set by unions, and unemployment emerges as an … model in which wage setting does not depend on unemployment benefits and taxes. These effects are dampened by the …
Persistent link: https://www.econbiz.de/10014062995
This paper analyzes changes in the risk of unemployment and changes in the distribution of unemployment duration for … employment subsample 1975- 1997 is used for the analysis. It contains employment and unemployment trajectories of about 500 … length of unemployment duration. A large share of long term unemployment with only few exits to employment is observed in …
Persistent link: https://www.econbiz.de/10010297349
example to distinguish between the different effects of a benefit sanction on several competing exit risks out of unemployment …
Persistent link: https://www.econbiz.de/10010479003
wage and unemployment duration. We consider a model of household job search in which the outcomes of bargaining are … unemployment duration: the more the husband earns, the longer the wife searches for a job; whereas the more the wife earns, the … sooner the husband finds a job. Secondly, an increase of $100 in unemployment insurance (UI) per month lowers employment rate …
Persistent link: https://www.econbiz.de/10013159199
We estimate the impact of the income earned in the host country on return migration of labor migrants from developing countries. We use a three-state correlated competing risks model to account for the strong dependence of labor market status and the income earned. Our analysis is based on...
Persistent link: https://www.econbiz.de/10010211160
This paper presents large-sample evidence that firms consider labor unemployment risk when setting their resource …' deliberate adjustment to committed resources in the existence of adjustment costs. We argue that workers' unemployment costs … that state unemployment insurance benefits offset the costs borne by involuntarily displaced workers, the generosity of …
Persistent link: https://www.econbiz.de/10013034414