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We analyze the effects of government-mandated severance payments in a rich life-cycle model with search-matching frictions in the labor market, risk-averse agents and imperfect insurance against idiosyncratic shocks. Our model emphasizes a tension between worker-firm wage bargains and...
Persistent link: https://www.econbiz.de/10012904593
A common finding of the optimal unemployment insurance literature is that the optimal replacement rate is around 50 …
Persistent link: https://www.econbiz.de/10013025557
employer firms. The German legislature addressed this issue with investive measures for unemployment insurance, one of which is … the Qualification Opportunities Act (Qualifizierungschancengesetz). Funds taken from unemployment insurance can now be … assessments of whether training subsidies co-financed by unemployment insurance are just. …
Persistent link: https://www.econbiz.de/10013272258
Social welfare systems usually imply specific obligations for benefit recipients. If a recipient does not comply with these obligations, a sanction involving a punitive benefits reduction may be imposed. In this paper we give an overview of the literature on the effects of sanctions in social...
Persistent link: https://www.econbiz.de/10010211887
-paying jobs. This led to a dramatic increase in inequality in labor earnings during the pandemic. Simulating standard unemployment … benefits and Unemployment Insurance (UI) provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, we …
Persistent link: https://www.econbiz.de/10012287376
We consider an economy characterised by involuntary unemployment among low skilled workers, and investigate the … implications for employment and income of welfare schemes often advocated as less distortionary. We show that reducing unemployment … deterioration. To support employment, we suggest that systems grounded in contribution-based unemployment insurance schemes are to …
Persistent link: https://www.econbiz.de/10011624217
This paper presents new information on activity-related eligibility criteria for unemployment and related benefits in … OECD and EU countries in 2017, comparing the strictness of "demanding" elements built into unemployment benefits across … countries and over time. Eligibility criteria for unemployment benefits determine what claimants need to do to successfully …
Persistent link: https://www.econbiz.de/10011892437
We analyze whether the introduction or an increase of unemployment insurance (UI hereafter) benefits in developing …
Persistent link: https://www.econbiz.de/10010969031
-state unemployment insurance (UI) program experienced dramatic increases in participation. Using Michigan program administrative data on … eligibility requirements. Unemployment insurance applicants with insufficient wage credits or job separations because of quitting …
Persistent link: https://www.econbiz.de/10010850006
people in January 2013 – or 15.1 percent of all Americans – and the Unemployment Insurance Program (UI), which more than …
Persistent link: https://www.econbiz.de/10010884246