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We test the predictions of an equilibrium search model about the effects of an increase in the maximum duration of … the maximum duration of benefits for three groups of agents and maintained all features of the unemployment insurance for … two other groups. We isolate the effects of the increase in the maximum duration of benefits and test the model. The model …
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Should unemployment benefits be paid indefinitely at a fixed rate, or should it decline (or increase) over a worker's unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker-firm bargaining over wages, free entry of new jobs, and...
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Should unemployment compensation be paid indefinitely at a fixed rate, or should it decline (or increase) over a worker's unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker-firm bargaining over wages, free entry of new jobs,...
Persistent link: https://www.econbiz.de/10014066601