This paper measures the effect of the ongoing extensions of unemployment insurance (UI) benefits on the unemployment … rate using a calibrated structural model that features job search and consumption-saving decisions, skill depreciation, UI … eligibility, and UI benefit extensions that capture what has happened in response to the recent downturn. I find that the …

This paper measures the effect of the ongoing extensions of unemployment insurance (UI) benefits on the unemployment … rate using a calibrated structural model that features job search and consumption-saving decisions, skill depreciation, UI … eligibility, and UI benefit extensions that capture what has happened in response to the recent downturn. I find that the …

involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis … confirms that the use of elapsed duration alone compounds two separate and opposing influences. Only with the inclusion of … completed duration is the negative effect of continued joblessness on reservation wages apparent. For its part, the completed …

maximum duration of benefits decrease exits from unemployment to employment. Yet, compared to the pre-crisis period, the …

. This dynamic was associated to increases in the entry flows to unemployment and the average duration of these episodes. The … unemployment duration of the spells. Second, to test the validity of the proportional assumption imposed in most of the studies … about unemployment duration as well as to propose the use of an alternative econometric method. Censored quantile …

benefits entitlement period. The results point towards a hump-shape response of unemployment duration over the one-year pre …

of January 2001, the replacement rate was raised from 30% to 40% and benefits' duration extended from 6 to 9 months for … workers aged 50 or more. Our results show that (a) the average duration of benefits' collection increased by around one month … estimates for those exposed to a longer duration consistently indicate a 2 to 4 percentage points lower probability of re …

duration of unemployment spells and the length of UI benefits available in the state and month, conditional on state economic … and a small increase in the expected duration of unemployment arising from both sets of UI extensions. The effect on exits …In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI …