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The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a … productivity of the unemployed is constant over the unemployment spell, benefits should typically increase or be constant. The only …
Persistent link: https://www.econbiz.de/10014102398
In modern economies, sharp increases in unemployment from major adverse shocks result in long periods of abnormal … unemployment and low output. This chapter investigates the processes that account for these persistent slumps. The data are from …
Persistent link: https://www.econbiz.de/10014024284
This chapter assesses how models with search frictions have shaped our understanding of aggregate labor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. We first consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10014025126
2010-2018. Using Jordà's (2005) local projection method, we find that unemployment rates decline in response to …. In the periphery countries, the reduction in unemployment rates is relatively pronounced, while in the core countries it …
Persistent link: https://www.econbiz.de/10013453816
Using newly digitized unemployment insurance claims data we construct a historical monthly unemployment series for U …-level unemployment data, which are only available from January 1976 onwards, and capture consistent patterns in the business cycle. We … use our claims-based unemployment series to examine the evolving pace of post-war unemployment recoveries at the state …
Persistent link: https://www.econbiz.de/10014081630
In mid-2021, 26 states halted participation in all or some federal emergency unemployment benefits (EUB) programs …
Persistent link: https://www.econbiz.de/10014081745
India experienced one of the strictest lockdowns during COVID-19 and sections of the workforce seemed overwhelmingly disadvantaged. Given substantial poverty still, marginalized daily wage labor and gendered outcomes in the context of India, economic shocks are expected to have disparate...
Persistent link: https://www.econbiz.de/10014083707
low-paid workers' submarkets. The model fits the job finding, job separation, and unemployment rates well. It also … of the aggregate shock that allows generating the US labor market fluctuations has a correlation with unemployment that …
Persistent link: https://www.econbiz.de/10014084030
. The government however lost the elections. This paper uses unique survey data to examine whether the high unemployment … associated with market reform contributed to the election outcome. High unemployment did have an effect but it was small and does … not explain the election loss. In fact, many in the population, including the unemployed, believed that high unemployment …
Persistent link: https://www.econbiz.de/10014084535
Many governments introduced temporary adjustments to counter the economic and health consequences of the COVID-19 pandemic. We study the importance of already existing government transfers and pandemic measures to mitigate individual income losses during the pandemic in Sweden using a...
Persistent link: https://www.econbiz.de/10013429242