Showing 1 - 10 of 58,136
unemployment spell. We derive simple sufficient-statistics formulae capturing the insurance value and incentive costs of … unemployment benefits paid at different times during the unemployment spell. Our general approach allows to revisit and evaluate in …. We then estimate our sufficient statistics using administrative data on unemployment, income and wealth in Sweden. First …
Persistent link: https://www.econbiz.de/10011295544
In November 2005, the Hungarian government frontloaded the unemployment benefit path, while kept constant the total … benefit amount that could be collected over the unemployment spell. We estimate the effect of this reform on non …
Persistent link: https://www.econbiz.de/10011538384
unemployment) in an economy that contemplates penalties for firms that evade taxes and rewards for firms that comply with tax rules …
Persistent link: https://www.econbiz.de/10014230714
-tradable sector and features unemployment in general equilibrium. Firms in both sectors use labour and an imported polluting factor of … production ("energy"). A tax on energy, recycled to reduce the payroll tax, will in general affect equilibrium unemployment in …
Persistent link: https://www.econbiz.de/10011608279
In November 2005, the Hungarian government frontloaded the unemployment benefit path, while kept constant the total … benefit amount that could be collected over the unemployment spell. We estimate the effect of this reform on non …
Persistent link: https://www.econbiz.de/10011944887
unemployment spell. We derive simple sufficient-statistics formulae capturing the insurance value and incentive costs of … unemployment benefits paid at different times during the unemployment spell. Our general approach allows to revisit and evaluate in ….We then estimate our sufficient statistics using administrative data on unemployment, income and wealth in Sweden. First, we …
Persistent link: https://www.econbiz.de/10012904023
unemployment policies. In our model, firms face a pool of applicants and observe unemployment duration and a signal about … recent evidence from audit studies. Optimal policy takes into account that unemployment benefits can affect hiring … probabilities by making unemployment duration more or less informative and by changing the applications-per-vacancy ratio due to …
Persistent link: https://www.econbiz.de/10011567324
This paper develops a sufficient-statistic formula for the unemployment gap-the difference between the actual … unemployment rate and the efficient unemployment rate. While lowering unemployment puts more people into work, it forces firms to … post more vacancies and to devote more resources to recruiting. This unemployment-vacancy tradeoff, governed by the …
Persistent link: https://www.econbiz.de/10012800439
This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and lifecycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of search models. Specifically, the correlation...
Persistent link: https://www.econbiz.de/10012022438
This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and lifecycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of search models. Specifically, the correlation...
Persistent link: https://www.econbiz.de/10012319318