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Financing unemployment benefits : dismissal versus employment taxes

Baumann, Florian; Stähler, Nikolai - In: Labour : review of labour economics and industrial relations 20 (2006) 3, pp. 433-451

Persistent link: https://www.econbiz.de/10003371629

Financing Unemployment Benefits : Dismissal Versus Employment Taxes

Baumann, Florian; Stähler, Nikolai - 2007

This paper investigates the effects of using dismissal taxes to finance unemployment benefits. We compare dismissal and … account the effects their dismissal decisions have on others. These externalities can be tackled by using dismissal taxes to … more than is necessary to offset the adverse effect of dismissal taxes on the value of the firm. The introduction of …

Persistent link: https://www.econbiz.de/10014055973

Layoff taxes, unemployment insurance, and business cycle fluctuations

Ahrens, Steffen; Nejati, Nooshin; Pfeiffer, Philipp L. - 2015

This paper studies the role of labor market institutions in business cycle fluctuations. We develop a DSGE model with search and matching frictions and incorporate a US unemployment insurance experience rating system. Layoff taxes based on experience rating finance the cost of unemployment...

Persistent link: https://www.econbiz.de/10010472501

Unemployment insurance and job quits

Light, Audrey; Omori, Yoshiaki - In: Journal of labor economics 22 (2004) 1, pp. 159-188

Persistent link: https://www.econbiz.de/10002004267

Job insecurity, unemployment insurance and on-the-job search : evidence from older American workers

Gutierrez, Italo A. - In: Labour economics : official journal of the European … 41 (2016), pp. 228-245

Persistent link: https://www.econbiz.de/10011703498

The hiring subsidy cum firing tax in a search model of unemployment

Heijdra, Ben J.; Ligthart, Jenny E. - In: Economics letters 75 (2002) 1, pp. 97-108

Persistent link: https://www.econbiz.de/10001650893

Job displacement insurance : an overview

Parsons, Donald O. - 2014

Earnings losses from permanent job separations are a serious threat to the financial security of long-tenured workers. Job displacement insurance is presumably designed to offset these losses, but evidence suggests that consumption smoothing among the long-tenured displaced is seriously...

Persistent link: https://www.econbiz.de/10010360292

Understanding severance pay

Parsons, Donald O. - 2013

Severance pay, a fixed-sum payment to workers at job separation, has been the focus of intense policy concern for the last several decades, but much of this concern is unearned. The design of the ideal separation package is outlined and severance pay emerges as a natural component of job...

Persistent link: https://www.econbiz.de/10010195446

The simple analytics of job displacement insurance

Parsons, Donald O. - 2016

Job displacement in the U.S. is a serious threat to the earnings of long-tenured workers, through both (i) unemployment spells and (ii) reduced reemployment wages. Although full insurance requires both unemployment benefits and wage insurance, supply difficulties limit actual-loss insurance, and...

Persistent link: https://www.econbiz.de/10011455569

Moral-hazard-free first-best unemployment insurance

Parsons, Donald O. - 2016

Unemployment insurance replacement rates world-wide are well below 100 percent, a fact often attributed to search moral hazard concerns. As Blanchard and Tirole (2008) have illustrated, however, neither search nor layoff moral hazard (firing cost) distortions need arise in first-best insurance...

Persistent link: https://www.econbiz.de/10011455570

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