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sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We …Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … estimate multi-spell duration models with selection on unobserved characteristics. We find that a vacancy referral increases …
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unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We estimate multispell …Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … search behavior do not apply. This reduces the ex ante threat of sanctions. Based on a large inflow sample into unemployment …
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We study the macroeconomic effects of unemployment insurance (UI) benefit extensions in the United States at short and … when initial durations are shorter have substantial effects on the unemployment rate and the number of people receiving UI … duration elasticity to UI, implying small general equilibrium effects of UI extensions. …
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Long-term unemployment can lead to skill attrition and have detrimental effects on future employment prospects …, particularly following periods of economic crises when employment growth is slow and cannot accommodate high levels of unemployment … costeffective and efficient means of reducing unemployment, during both periods of economic stability and recovery. …
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unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting … output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more …
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