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The paper analyses the potential impact of stock market developments on lending behaviour from different perspectives. First we scrutinize the impact of stock market movements on the banks’ and on the borrowers’ balance sheets. Subsequently we estimate aggregate credit supply and demand...
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This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks … regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search … is prolonged by at least .09 weeks per additional week of benefits among men, whereas unemployment duration increases by …
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strongly to unemployment duration. At any level of general joblessness, reducing long-term unemployment is more important than … reducing the number of people unemployed at any point in time. -- unemployment ; unemployment duration ; life satisfaction …The social costs of unemployment, in terms of unemployment's impact on European citizens' life satisfaction, relate …
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This paper examines the effects of the distribution of unemployment by duration on the level of unemployment. It … characterize the joint behavior of unemploy- ment and the distribution of unemployment by duration. In the theoretical part of the … depends on the distribution of unemployment by duration. In the empirical section we estimate a panel data model for 16 OECD …
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