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Persistent link: https://www.econbiz.de/10012594665
After 2008, the Southern European economies suffered a strong and persistent increase in unemployment. Rising … government bond spreads necessitated the implementation of austerity policies. Austerity however, may increase unemployment. If … workers lose human capital during unemployment spells, the economy's future production potential and thus the fiscal …
Persistent link: https://www.econbiz.de/10012317627
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We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...
Persistent link: https://www.econbiz.de/10010440544
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 … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost …
Persistent link: https://www.econbiz.de/10012233084
We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment …
Persistent link: https://www.econbiz.de/10012236713
inflow timing information, is important to deal with selection bias. Next, we omit subsets of explanatory variables and … approach provides accurate effect estimates, especially if time-varying variation in the unemployment rate of the local labor …
Persistent link: https://www.econbiz.de/10012390913
We study the macroeconomic effects of unemployment insurance (UI) benefit extensions in the United States at short and … when initial durations are shorter have substantial effects on the unemployment rate and the number of people receiving UI … duration elasticity to UI, implying small general equilibrium effects of UI extensions. …
Persistent link: https://www.econbiz.de/10014335034
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enables strategic sick reporting reduces the mean unemployment duration by 4 days. … care system on unemployment durations. We estimate that for around 25% of unemployed workers, removing the channel that …
Persistent link: https://www.econbiz.de/10014391203