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In November 2005, the Hungarian government frontloaded the unemployment benefit path, while kept constant the total … benefit amount that could be collected over the unemployment spell. We estimate the effect of this reform on non …
Persistent link: https://www.econbiz.de/10011538384
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
This paper develops a sufficient-statistic formula for the unemployment gap-the difference between the actual … unemployment rate and the efficient unemployment rate. While lowering unemployment puts more people into work, it forces firms to … post more vacancies and to devote more resources to recruiting. This unemployment-vacancy tradeoff, governed by the …
Persistent link: https://www.econbiz.de/10012800439
that a decrease of say unemployment probability or an increase in unemployment insurance (UI) generosity affects saving not …
Persistent link: https://www.econbiz.de/10009789000
proportional income taxation and unemployment benefits with Government balanced budget constraint. We evaluate the effects of both … more competition and higher unemployment benefits. We show that more competition has a positive effect on employment and … the Government budget. Higher unemployment benefits can be financed both by higher tax rate and by increasing competition …
Persistent link: https://www.econbiz.de/10013007439
-tradable sector and features unemployment in general equilibrium. Firms in both sectors use labour and an imported polluting factor of … production (energy). A tax on energy, recycled to reduce the payroll tax, will in general affect equilibrium unemployment in this …
Persistent link: https://www.econbiz.de/10011586080
This paper argues that the value of unemployment insurance (UI) can be decomposed into a liquidity component and an … unemployment, the insurance component captures the value of protecting the worker against a potential permanent future income loss …
Persistent link: https://www.econbiz.de/10014084151
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