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This paper models the Self-Sufficiency Project (SSP), a controlled randomized experiment concerning welfare. The model of household behavior includes stochastic labor market skill, job opportunities, and value of non-labor market time. All the variation within and between treatment groups,...
Persistent link: https://www.econbiz.de/10003721636
This article describes, within a microeconomic intergenerational bargaining framework incorporating two discrete periods and binary states of risks, some new aspects regarding the mixture of intergenerational risk sharing and social security. Here, state-dependent utility under mortality risk...
Persistent link: https://www.econbiz.de/10014052886
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Social surveys are often used to estimate unemployment duration distributions. Survey non-response may then cause a … of the same workers. The latter provide information on durations of unemployment and personal characteristics of all … results based on only survey data: selectivity due to related unobserved determinants of durations of unemployment and non …
Persistent link: https://www.econbiz.de/10011338006
Many empirical studies have confirmed the theoretical prediction that longer-term Unemployment Insurance (UI …) entitlement leads to longer unemployment duration. Most of those studies have examined special programs that provide extra weeks … of unemployment benefits when unemployment rates in the region are higher. Hence, they must distinguish if the longer …
Persistent link: https://www.econbiz.de/10014088669
This paper explains why people’s subjective well-being (SWB) fails to adapt to unemployment, even though people adapt … to various life events. Although the unemployed downgrade their living standard when they enter into unemployment, their …
Persistent link: https://www.econbiz.de/10014106410
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
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