This paper estimates the causal effect of long-term unemployment on wages. Job search theory implies that if … Unemployment Insurance (UI) extensions do not affect wages conditional on the month of unemployment exit, then reservation wages do … not bind on average. Then, UI extensions affect mean wages only through unemployment durations and are valid instrumental …

-insurance from savings. Exploiting variation from unemployment benefits eligibility, we also provide evidence on the mitigating role … of formal unemployment insurance using a Regression Discontinuity design exploiting the cutoff from the unemployment …

may be equally able to extend their working lives as they may face adverse health consequences. In this article, we … examine the health and labour market effects of an Italian pension reform that suddenly increased the normal retirement age … market, into unemployment and disability pension, while increasing sick leaves among those who continued to work. The reform …

-insurance from savings. Exploiting variation from unemployment benefits eligibility, we also provide evidence on the mitigating role … of formal unemployment insurance using a Regression Discontinuity design exploiting the cutoff from the unemployment …

-insurance from savings. Exploiting variation from unemployment benefits eligibility, we also provide evidence on the mitigating role … of formal unemployment insurance using a Regression Discontinuity design exploiting the cutoff from the unemployment …

Employment and wage subsidies are used to combat long-term unemployment, yet there is little research to guide the …-policy allow us to study effects of both subsidy rate and subsidy duration. We find that doubling of the subsidy rate has a … substantial impact on job finding rates but that doubled subsidy duration has no such effect. We find the opposite pattern when we …