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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 … the effect that UIC has on the fraction of time spent employed. The estimation procedure simultaneously allows for …
Persistent link: https://www.econbiz.de/10011401354
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10010246658
sharply over the spell of unemployment; (2) the self-reported reservation wage predicts whether a job offer is accepted or … rejected; (3) the reservation wage is remarkably stable over the course of unemployment for most workers, with the notable … devoted to job search and the reservation wage help predict early exits from Unemployment Insurance (UI). -- unemployment …
Persistent link: https://www.econbiz.de/10009125013
extensions across states to estimate the overall impact of these extensions on unemployment duration, comparing the experience … extensions on unemployment transitions and duration. We rely on individual variation in benefit availability based on the … duration of unemployment spells and the length of UI benefits available in the state and month, conditional on state economic …
Persistent link: https://www.econbiz.de/10013082771
extensions across states to estimate the overall impact of these extensions on unemployment duration, comparing the experience … extensions on unemployment transitions and duration. We rely on individual variation in benefit availability based on the … duration of unemployment spells and the length of UI benefits available in the state and month, conditional on state economic …
Persistent link: https://www.econbiz.de/10009738776
in their community. -- unemployment insurance ; unemployment duration ; job search assistance ; worker profiling …Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before … recipients exhausted their benefits; in 2007 (with a similar unemployment rate) 35.6 percent exhausted. This paper documents the …
Persistent link: https://www.econbiz.de/10009379440
In response to the 2007-09 “Great Recession,” the maximum duration of U.S. unemployment benefits was increased from the … microdata from the Current Population Survey. I find that a 10-week extension of UI benefits raises unemployment duration by …
Persistent link: https://www.econbiz.de/10013052193
; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI … 50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …
Persistent link: https://www.econbiz.de/10003752850
negatively selected on unobservables. A beneficial (unemployment-duration reducing) causal effect of internet job search is …
Persistent link: https://www.econbiz.de/10011414148
the job, job duration should be distributed uniformly. Using extreme value theory, we can infer the shape of the wage …
Persistent link: https://www.econbiz.de/10011540616