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, there have been important advances in both theory and measurement of UI. In this paper, we first use the theory to present a …
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, there have been important advances in both theory and measurement of UI. In this review, we first use the theory to present …
Persistent link: https://www.econbiz.de/10014124285
Can the potential availability of unemployment insurance (UI) affect the behavior of employed workers and the duration … duration by around 0.3%. Such result is driven by the fact that higher UI decreases the probability of job quits, which are not … simple model to assess the economic relevance of this finding. It shows that the positive effect on employment duration …
Persistent link: https://www.econbiz.de/10011705587
We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … effect of maximum duration on UI and nonemployment spells of approximately 0.45 and 0.25 respectively. We use the RDD …
Persistent link: https://www.econbiz.de/10012233084
In this paper we investigate the impact of the recent US unemployment benefits extension on the labor market dynamic when the nominal interest rate is held at the zero lower bound (ZLB). Using a New Keynesian model, our quantitative experiments suggest that, in contrast to the existing...
Persistent link: https://www.econbiz.de/10010251606
-parametrically identify the effect of both benefit level and potential duration in the regression kink (RK) design using kinks in the schedule …-to-employment profile brought about by exogenous variations in the benefit level as well as in the benefit duration. I then use these … estimates to calibrate the welfare effects of an increase in UI benefit level and in UI potential duration …
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