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To finance unemployment insurance, states raise payroll tax rates on employers who engage in layoffs. Tax rates are, therefore, highest for firms after downturns, potentially hampering labor-market recovery. Using full-population, administrative records from Florida, I estimate the effect of...
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The generosity of the Unemployment Insurance system (UI) plays a central role for the job search behavior of unemployed individuals. Standard search theory predicts that an increase in UI benefit generosity, either in terms of benefit duration or entitlement, has a negative impact on the job...
Persistent link: https://www.econbiz.de/10003932248
We show that, contrary to widespread belief, low-pay workers do not generally prefer that the minimum wage rate be increased until the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor demand so that increases in the minimum wage rate make low-pay...
Persistent link: https://www.econbiz.de/10003586554
The generosity of the Unemployment Insurance system (UI) plays a central role for the job search behavior of unemployed individuals. Standard search theory predicts that an increase in UI benefit generosity, either in terms of benefit duration or entitlement, has a negative impact on the job...
Persistent link: https://www.econbiz.de/10003921279
Unemployment increased drastically over the course of the Great Recession from 4.5 percent prior to the recession to 10 percent at its peak in October 2009. Since then, the unemployment rate has come down steadily, and it stood at 5.8 percent in November 2014. Based on existing analyses and some...
Persistent link: https://www.econbiz.de/10011288771
Im Rahmen eines Vergleichs der amerikanischen und britischen Systeme der Arbeitslosenversicherung wird gezeigt, daß das amerikanische System, auch anders als das deutsche, eine negative Rückkopplung zwischen den Ausgaben für die Arbeitslosenversicherung und der Höhe der Freisetzung von...
Persistent link: https://www.econbiz.de/10011495405
The present dissertation aims at contributing to the understanding of central labor market mechanisms by analyzing open questions on the determinants of firms' labor demand, unemployed individuals' job search behavior and the state's role in shaping peoples' trust and, thereby, affecting labor...
Persistent link: https://www.econbiz.de/10011475150
"Contrary to widespread belief, we show that low-pay workers might not generally prefer that the minimum wage rate be increased to a level where the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor demand such that increases in the minimum wage rate...
Persistent link: https://www.econbiz.de/10003399172