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Job search, unemployment protection and informal work in advanced economies
Long, Iain W.; Polito, Vito - 2017
This paper investigates the incentives that may induce workers to supplement income from unemployment benefits by engaging in temporary informal work. Using a dynamic model of job-search with moral hazard that incorporates a stylised schedule of benefit payments, we describe how informal sector...
Persistent link: https://www.econbiz.de/10011761509
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Unemployment Insurance as a Subsidy to Risky Firms
Doornik, Bernardus Ferdinandus Nazar Van - 2020
In this paper, we document that a more generous unemployment insurance (UI) system shifts labor supply from safer to riskier firms and reduces the compensating wage differential that riskier firms are required to pay. Reallocation of labor supply towards riskier firms has real implications for...
Persistent link: https://www.econbiz.de/10012847424
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Welfare effects of unemployment benefits when informality is high
Liepmann, Hannah; Pignatti, Clemente - 2021
We analyze for the first time the welfare effects of unemployment benefits (UBs) in a context of high informality …
Persistent link: https://www.econbiz.de/10012596314
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Strategic Formal Layoffs : Unemployment Insurance and Informal Labor Markets
Doornik, Bernardus Ferdinandus Nazar Van - 2020
Exploiting an unemployment insurance (UI) reform in Brazil, we study incentive effects of UI in the presence of informal labor markets. We find that eligibility for UI benefits increases formal layoffs by twelve percent. Most of the additional formal layoffs are related to workers transitioning...
Persistent link: https://www.econbiz.de/10012852422
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Unemployment Insurance, Informality, and Precautionary Savings
Bloise, Caio Romeu; Santos, Marcelo Rodrigues - 2022
Empirical evidence shows that in a labor market characterized by a severe degree of informality, unemployment insurance … model that incorporates informality in an incomplete markets framework to analyze the impact of changing (UI) components. In … while working in informality. We find that increasing the benefit eligibility criteria fosters employment while the duration …
Persistent link: https://www.econbiz.de/10014237425
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Unemployment dynamics with informality : an empirical analysis for a developing country
Corseuil, Carlos Henrique; Foguel, Miguel Nathan; … - 2023
decomposition unveils that the contribution of the flow from informality to unemployment is larger than that of the flow from formal …
Persistent link: https://www.econbiz.de/10014331921
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Designing unemployment benefits in developing countries : for unemployment benefit programs, the key policy issues are the level of benefits and subsidies and the types of taxes us...
Robalino Aguirre, David A. - 2014
In reforming unemployment benefit systems, the policy debate should be on the appropriate level of benefits, the subsidies needed for people who cannot contribute enough, and how to finance the subsidies, rather than on whether unemployment insurance or individual unemployment savings accounts...
Persistent link: https://www.econbiz.de/10011414100
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Designing unemployment insurance for developing countries
Cirelli, Fernando; Espino, Emilio; Sanchez, Juan M. - In: Journal of development economics 148 (2021), pp. 1-15
Persistent link: https://www.econbiz.de/10012659061
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The Macroeconomic Effects of Labor and Product Market Reforms in Morocco
Sarr, Babacar - 2019
This paper studies the macroeconomic effects and sequencing of (LMRs) and product (PMRs) market reforms in Morocco. It finds that introducing LMRs and PMRs simultaneously would add about 2.5 percentage points (pp) of GDP growth and reduce unemployment by about 2.2 pp after five years. If...
Persistent link: https://www.econbiz.de/10012858957
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Cross-subsidies, and the elasticity of informality to social expenditures
Alonso Ortiz, Jorge; Leal, Julio - 2014
frictions model with informality, (ex post) heterogeneous workers, and conditional taxes and transfers. In the model, formal … informality is quite inelastic due to frictions, and due to the opposing forces of taxes and transfers. …
Persistent link: https://www.econbiz.de/10010459828