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The costs of searching for a job vacancy are typically associated with friction that deters or delays employment of potentially productive individuals. We demonstrate that in a labor market with moral hazard where effort is noncontractible, job search costs play a positive role, whose effect may...
Persistent link: https://www.econbiz.de/10009517818
on their interactions with the profile of unemployment benefits and with active labor market programs. -- unemployment … ; search-matching equilibrium ; wage bargaining ; reductions of social security contributions ; unemployment insurance ; labor …
Persistent link: https://www.econbiz.de/10003309270
In this paper, we investigate the causes and consequences of "unclaimed" unemployment insurance (UI) benefits. A search … collecting, with improper denials accounting for 8% of the total cost. The endogenous collection costs imply the unemployment … net of vacancy costs. Moreover, this change has minimal impact on the unemployment rate. …
Persistent link: https://www.econbiz.de/10012316202
on their interactions with the profile of unemployment benefits and with active labor market programs …
Persistent link: https://www.econbiz.de/10014059002
Should unemployment compensation be paid indefinitely at a fixed rate, or should it decline (or increase) over a worker …'s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker … optimal insurance program implies a declining sequence of unemployment compensation over the spell of unemployment. Numerical …
Persistent link: https://www.econbiz.de/10014066601
Empirical results show that unemployment benefits (UB) recipients significantly change to worse job conditions with …
Persistent link: https://www.econbiz.de/10014084319
Empirical results show that unemployment benefits (UB) recipients significantly change to worse job conditions with …
Persistent link: https://www.econbiz.de/10014086413
Should unemployment benefits be paid indefinitely at a fixed rate, or should it decline (or increase) over a worker …'s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker … optimal insurance program implies a declining benefit sequence over the spell of unemployment. Numerical calibrations of the …
Persistent link: https://www.econbiz.de/10014126750
This paper studies optimal unemployment benefit levels and optimal proportional income tax rates over the business … cycle. Previous research suggests that policy makers should make unemployment insurance (UI) dependent on the business cycle … unemployment. An alternative way to redistribute income is to vary tax rates over the business cycle. In this paper, we develop an …
Persistent link: https://www.econbiz.de/10013111201
-skilled non employed workers, when their employability decreases as the unemployment spell lengthens. We show that the unemployed … minimum length of the unemployment spell. However, workers should be recruited before they become discouraged and stop … searching. We also show that for broad range of the parameters the optimal income support scheme takes the form of unemployment …
Persistent link: https://www.econbiz.de/10013095255