Showing 51 - 60 of 9,861
unemployed became more generous. Before, a temporary moratorium on sanctions had been imposed, providing a unique policy shift …
Persistent link: https://www.econbiz.de/10014526557
sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is … that the case for imposing a penalty on less active job search is fairly solid. A growing number of empirical studies …
Persistent link: https://www.econbiz.de/10005419180
calibrated structural model that features job search and consumption-saving decision, skill depreciation, UI eligibility, and UI …
Persistent link: https://www.econbiz.de/10009020167
negatively correlated with the unemployment rate. These empirical facts are explained in an equilibrium search model where firms …% and welfare increases. Average search effort decreases, but the unemployment rate and duration decrease as vacancy …
Persistent link: https://www.econbiz.de/10010723467
explained in an equilibrium search model where firms finance UI benefits via a payroll tax, and are heterogeneous with respect … eligible unemployed collect, benefit expenditures increase by 29% and welfare increases by 0.43%. Average search effort …
Persistent link: https://www.econbiz.de/10010859397
Building on the tools developed for American call options in financial markets and the optimal timing of investment under uncertainty in economics, this paper proposes a stylized equilibrium model to study the optimal time for a risk-averse unemployed individual, who receives an unemployment...
Persistent link: https://www.econbiz.de/10010668201
We study a labor market in which principals and agents must search for a trading partner, and agents have private … match. This leads to insufficient frictional unemployment and search, and lower average productivity and utility. A fully …
Persistent link: https://www.econbiz.de/10010812030
We construct a multi-sector search and matching model where the unemployed receives idiosyncratic productivity shocks … that make working in certain sectors more productive than in the others. Agents must decide which sector to search in and … additional risk: low future wages if mobility costs preclude search in the appropriate sector. This introduces a new role for …
Persistent link: https://www.econbiz.de/10010939757
that mainly focused on estimating the effects of benefit duration on job search and acceptance strategies of the unemployed …
Persistent link: https://www.econbiz.de/10010333564
decrease as the level of earnings rises. The framework is a search equilibrium model where wages are determined by Nash … bargaining between firms and workers, job search intensity is endogenous and workers are heterogeneous. The analysis suggests …
Persistent link: https://www.econbiz.de/10010321580