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In this paper, U.S. data on labor market histories of displaced workers are used to quantify the effect of Unemployment … Insurance Compensation (UIC) on both unemployment and employment durations. This results in the first available assessment of … unemployment durations. …
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A duration model based on the time on Unemployment Insurance (UI) benefits instead of a model based on the time till re … unemployment duration. We also derive the expected UI-benefit costs implied by the model for some typical unemployed individuals. …) Proportional Hazard model to account for an upper bound on the duration. We use a modified mover-stayer model to this end and …
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"This paper presents new evidence on why unemployment insurance (UI) benefits affect search behavior and develops a … unemployment durations caused by UI benefits is due to a "liquidity effect" rather than distortions in marginal incentives to …
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