This paper provides a simple, yet general framework to analyze the optimal time profile of benefits during the … unemployment spell. We derive simple sufficient-statistics formulae capturing the insurance value and incentive costs of … unemployment benefits paid at different times during the unemployment spell. Our general approach allows to revisit and evaluate in …

In this paper, we show how time-varying unemployment benefits can generate equilibrium wage dispersion in an economy in … for free entry and exit of vacancies, and we model time-varying unemployment benefits in a simple and natural way. We … characterize the equilibrium, and we derive the comparative statics effects of changes in the unemployment compensation system on …

In this paper, we show how time-varying unemployment benefits can generate equilibrium wage dispersion in an economy in … for free entry and exit of vacancies, and we model time-varying unemployment benefits in a simple and natural way. We … characterize the equilibrium, and we derive the comparative statics effects of changes in the unemployment compensation system on …

This paper provides a simple, yet general framework to analyze the optimal time profile of benefits during the … unemployment spell. We derive simple sufficient-statistics formulae capturing the insurance value and incentive costs of … unemployment benefits paid at different times during the unemployment spell. Our general approach allows to revisit and evaluate in …

. -- Time aggregation ; worker flows ; job finding rate ; separation rate ; unemployment decomposition …This paper analyzes the importance of time aggregation in the measurement of worker flows by exploiting daily … information from German administrative data. Time aggregation caused by comparing monthly labor market states leads to an …

specifications. We evaluate it in real time over 2013-2022 and find that (i) monthly indicators provide useful information for a … timely assessment of employment developments with unemployment rates and sentiment indicators containing most of the relevant …

real-time. As opposed to the traditional survey-based confidence indicators that are released at the end of the month, our … indicator can be constructed on a daily basis and updated in real-time. We compare our proposed index with the popular Economic …