, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reservation … wages to offered wages increase rapidly with duration of unemployment; on average, reservation wages begin to exceed offered …

In the midst of sharply rising long-term unemployment, a series of unemployment benefit (UB) eligibility extensions … ‘laws of economics' to warn that the extensions may be responsible for much of the current unemployment crisis. This … eligibility rules are not effectively enforced, so any income replacement must reduce work incentives and increase unemployment …

EWE is a consequence of one of the most important labor institutions: the unemployment benefit (UB). We develop a model …

on a negative correlation between unemployment insurance benefits and home production using the American Time Use Survey … (ATUS) and the state-level unemployment insurance data of the U.S. The empirical results suggest that moving to a two times … production as well as market production. The model is able to generate the empirical facts regarding the unemployment benefits …

In this paper, we incorporate home production into a quantitative model of unemployment and show that realistic levels … of home production have a signifi- cant impact on the optimal unemployment insurance rate. Motivated by recently … unemployment. In the benchmark model, we find that the optimal replacement rate in the presence of home production is roughly 40 …

on a negative correlation between unemployment insurance benefits and home production using the American Time Use Survey … (ATUS) and the state-level unemployment insurance data of the U.S. The empirical results suggest that moving to a two times … production as well as market production. The model is able to generate the empirical facts regarding the unemployment benefits …

on the relationship between unemployment insurance benefits and home production using the American Time Use Survey (ATUS …) and the state-level unemployment insurance data of the U.S. The empirical results suggest that moving to a two times more … is able to generate the empirical facts regarding unemployment benefits and home production. The fact that unemployment …

In this paper, we incorporate home production into a quantitative model of unemployment and show that realistic levels … of home production have a significant impact on the optimal unemployment insurance rate. Motivated by recently documented … empirical facts, we augment an incomplete markets model of unemployment with a home production technology, which allows …

unemployment insurance program in the presence of a labor market with union wage-setting. Both programs are financed by earmarked … unemployment. The presence of spillovers between pension programs and unemployment insurance programs has striking implications for …