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We study risk-based selection into a voluntary unemployment insurance (UI) scheme. To disentangle behavioral effects … from selection, we exploit variation in the sign-up induced by an early retirement scheme embedded into the UI system. We … combine an event study with a differencein-difference approach applied to Danish register data to quantify the selection. We …
Persistent link: https://www.econbiz.de/10013274253
health insurance provisions and heterogeneous workers sort themselves into jobs with different compensation packages over the … targeting these policies to certain individuals. Compared with the health insurance system under the ACA, the optimal structure … lowers the tax benefit of employer‐sponsored health insurance and makes individual insurance more attractive to younger …
Persistent link: https://www.econbiz.de/10012202818
Unemployment insurance provides temporary cash benefits to eligible unemployed workers. Benefits are sometimes extended … offers throughout their spell of unemployment. The welfare consequences of misperceiving the probability and length of an …
Persistent link: https://www.econbiz.de/10014391730
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
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/10012222378
unemployment policies. In our model, firms face a pool of applicants and observe unemployment duration and a signal about … recent evidence from audit studies. Optimal policy takes into account that unemployment benefits can affect hiring … probabilities by making unemployment duration more or less informative and by changing the applications-per-vacancy ratio due to …
Persistent link: https://www.econbiz.de/10011567324
Job search requirements constrain the effort choice of unemployment insurance recipients by enforcing a minimum number … react to this constraint. Standard job search theory predicts that requirements affect each job seeker relative to her … search theory. …
Persistent link: https://www.econbiz.de/10010502718
The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a … tractable model allowing moral hazard, adverse selection and hidden saving. Analytical results show that when the search … productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant. The only …
Persistent link: https://www.econbiz.de/10011414504
, an additionally provided monthly application decreases the length of spells by 4%. In line with theory, we further find …
Persistent link: https://www.econbiz.de/10011902999
, an additionally provided monthly application decreases the length of spells by 4%. In line with theory, we further find …
Persistent link: https://www.econbiz.de/10011892543