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We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job … search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of … benefit sanctions are more effective in reducing unemployment than an across the board reduction in the replacement rate …
Persistent link: https://www.econbiz.de/10013321326
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …
Persistent link: https://www.econbiz.de/10011336864
We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job … search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of … benefit sanctions are more effective in reducing unemployment than an across the board reduction in the replacement rate. …
Persistent link: https://www.econbiz.de/10011318597
of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who … can invest in risk-free physical capital and risky human capital. Unemployed households receive unemployment benefits and … employment effects: the equilibrium unemployment rate has been reduced by approximately 1.1 percentage points from 7.5 to 6 …
Persistent link: https://www.econbiz.de/10008651589
assistance. Our findings show that the assistance reduces unemployment among the treated, but also creates substantial … displacement leading to higher unemployment for the non-treated. By using detailed information on caseworker and job seeker … unemployment and reduced government spending …
Persistent link: https://www.econbiz.de/10012844575
rate of job destruction is sufficiently low, the unemployment rates can get close to steady-state values during the … transition. Within the realm of feasible scenarios, unemployment differentials are simultaneously determined by the speed of … destruction is fast and benefits are high. -- transition ; heterogeneous labor ; job creation ; unemployment benefit ; wage …
Persistent link: https://www.econbiz.de/10003339774
unemployment into either new job or recall. The recall probability is allowed to affect the search intensity for new jobs. …
Persistent link: https://www.econbiz.de/10011400768
unemployment into either new job or recall. The recall probability is allowed to affect the search intensity for new jobs …
Persistent link: https://www.econbiz.de/10013321015
Unemployment benefits often reduce incentives to search for a job. Policymakers have responded to this behaviour by … setting minimum job search requirements, by monitoring to check that unemployment benefit recipients are engaged in the … search monitoring and benefit sanctions reduce unemployment duration and increase job entry in the short term. There is some …
Persistent link: https://www.econbiz.de/10011417039
based on a framework, that allows for endogenous choice of benefit types and levels, wage taxes or subsidies, and activation … measures such as monitoring and job search assistance for each period of unemployment in a dynamic environment with negative … should mainly be used at the beginning of unemployment and for short durations. However, contrary to existing schemes, they …
Persistent link: https://www.econbiz.de/10003940543