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Book An Empirical Investigation of the Impact of Unemployment Insurance on Unemployment Duration and Wages Following Unemployment

Download or read book An Empirical Investigation of the Impact of Unemployment Insurance on Unemployment Duration and Wages Following Unemployment written by Gillian Hunter and published by . This book was released on 1990 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Effect of Unemployment Insurance on Duration of Unemployment

Download or read book Effect of Unemployment Insurance on Duration of Unemployment written by Raymond P. H. Fishe and published by . This book was released on 1980 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Unemployment Insurance and Duration of Unemployment

Download or read book Unemployment Insurance and Duration of Unemployment written by Milan Vodopivec and published by World Bank Publications. This book was released on 1995 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Unemployment Insurance in Labor Search Model and Money Demand

Download or read book Unemployment Insurance in Labor Search Model and Money Demand written by Gerard G. Tano and published by . This book was released on 2012 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries with unemployment insurance (UI) program can effectively conduct a labor market policy and observe the flow of unemployed-employed. But should we just hand UI over to anyone who has no job? Do individual response to the program in terms of their decision to work or to enjoy more leisure unanimously the same across leisure type characteristic individuals? In a heterogeneous constructed labor search market we derive that introduction of the UI program increases the wage gap between the different individuals when the program impacts the productivity of firm positively. In an empirical investigation of the impact of unemployment benefits on the duration of unemployment using a job search model, the author specifies a distribution of duration of unemployment that was estimated using maximum likelihood estimation and find that there is in the National Longitudinal Survey of Youth (NLSY 97), 3 types of individuals, and the type of leisure individuals present an adverse response to the program: An increase in UI for the highest leisure type leads to a longer duration of unemployment. Whereas the lowest values of leisure do not tend to have an extended duration of unemployment from a positive change in UI. Finally, the response for the type 2 individuals is completely ambiguous as it could either see them having a prolonged duration of unemployment or a shortened period with no work. So a selective increase in unemployment insurance to those with a relatively low value of leisure may decrease the equilibrium rate of unemployment. The second part of the dissertation focuses on modeling money demand and shocks in Cote D'Ivoire for the period of 1960-2009. Unlike Drama and Yao (2010) our result suggests M1 is not in a long-run equilibrium with its determinants real income and expected inflation and therefore unstable. However, the broad definition M2 is cointegrated with its long-run determinants and it is therefore the most appropriate definition of money for the Cote D'Ivoire economy. As a consequence M2 can be used as an alternative to the interest rate as a long run monetary policy instrument.

Book An Econometric Analysis of Individual Unemployment Duration in West Germany

Download or read book An Econometric Analysis of Individual Unemployment Duration in West Germany written by Eckhard Wurzel and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contemporary labor economics increasing attention is paid to the fact that unemployment is not only a stock but also a flow phenomenon. The present micro-econometric study analyses the impact of important socio-economic characteristics on unemployment duration in West Germany. Based on a search theoretic framework unemployment duration is considered as a stochastic process whose evolution is influenced by economicand demographic variables like unemployment benefits, expected wage offers, training and age. This is modeled by application of the concept of the hazard rate which denotes the conditional exit rate from unemployment over time given elapsed unemployment duration. Contrasting more traditional models a semi-parametric approachis chosen which reduces the danger of mis-specification of the stochastic duration process. This procedure also is particularly suitable for the analysis of grouped observations on unemployment duration typically generated by longitudinal data sets as the German "Socio-Economic Panel" which is utilized for this study. Besides deriving a set of empirical results on unemployment duration in West Germanymethodological issues of duration analysis are considered with particular attention paid to the impact of the sample design. Also, important outcomes from search theory and findings from other hazard rate analysesare surveyed.

Book Duration of Unemployment Benefits and Quality of Post unemployment Jobs

Download or read book Duration of Unemployment Benefits and Quality of Post unemployment Jobs written by Jan C. van Ours and published by World Bank Publications. This book was released on 2006 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates how the potential duration of unemployment benefits affects the quality of post-unemployment jobs. It takes advantage of a natural experiment introduced by a change in Slovenia's unemployment insurance law that substantially reduced the potential benefit duration. Although this reduction strongly increased job finding rates, the quality of the post-unemployment jobs remained unaffected. The paper finds that the law change had no effect on the type of contract (temporary versus permanent), the duration of the post-unemployment job, or the wage earned in the job.

Book The effect of the unemployment insurance wage replacement rate on reemployment wages  A dynamic discrete time hazard model with unobserved heterogeneity

Download or read book The effect of the unemployment insurance wage replacement rate on reemployment wages A dynamic discrete time hazard model with unobserved heterogeneity written by Zafar Nazarov and published by Litres. This book was released on 2022-01-29 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study estimates the effect of the unemployment insurance wage replacement rate on reemployment wages in the U.S. using the sample of men in the 1996 and 2001 Surveys of Income and Program Participation. I model employment search behavior in a dynamic discrete time hazard setting with three possible outcomes: finding a full-time job, finding a part-time job, or staying unemployed (continuing the job search). I find that reemployment wages decrease with the unemployment insurance wage replacement rate. Furthermore, the wage replacement rate depresses the prospect of finding full-time work while increasing the prospect of finding part-time work.

Book Unemployment Insurance Research

Download or read book Unemployment Insurance Research written by and published by . This book was released on 1999 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Unemployment Insurance and Labor Supply

Download or read book Unemployment Insurance and Labor Supply written by Gary T. Burtless and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Strengthening Unemployment Insurance

Download or read book Strengthening Unemployment Insurance written by W.E. Upjohn Institute for Employment Research. Unemployment Insurance Research Advisory Committee and published by . This book was released on 1975 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Search Theory and Unemployment

Download or read book Search Theory and Unemployment written by Stephen A. Woodbury and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Search Theory and Unemployment contains nine chapters that survey and extend the theory of job search and its application to the problem of unemployment. The volume ranges from surveys of job search theory that take microeconomic and macroeconomic perspectives to original theoretical contributions which focus on the externalities arising from non-sequential search and search under imperfect information. It includes a clear and authoritative survey of econometric methods that have been developed to estimate models of job search, as well as two lucid contributions to the empirical search literature. Finally, it includes a study that reviews and extends the literature on optimal unemployment insurance and concludes with an appraisal of the influence of search theory on the thinking of macroeconomic policymakers.

Book The Impact of the Potential Duration of Unemployment Benefits on the Duration of Unemployment

Download or read book The Impact of the Potential Duration of Unemployment Benefits on the Duration of Unemployment written by Lawrence F. Katz and published by . This book was released on 1988 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses two data sets to examine the impact of the potential duration of unemployment insurance (UI) benefits on the duration of unemployment and the time pattern of the escape rate from unemployment in the United States. The first part of the empirical work uses a large sample of household heads to examine differences in the unemployment spell distributions of UI recipients and nonrecipients. Sharp increases in the rare of escape from unemployment both through recalls and new job acceptances are apparent for UI recipients around the time when benefits are likely to lapse. The absence of such spikes in the escape rate from unemployment for nonrecipients strongly suggests that the potential duration of UI benefits affects firm recall policies and workers' willingness to start new jobs. The second part of our empirical work uses administrative data to examine the effects of the level and length of UT benefits on the escape rate from unemployment of UI recipients. The results indicate that a one week increase in potential benefit duration increases the average duration of the unemployment spells of UI recipients by 0,16 to 0.20 weeks. The estimates also imply that policies that extend the potential duration of benefits increase the mean duration of unemployment by substantially more than policies with the same predicted impact on the total UI budget that raise the level of benefits while holding potential duration constant.

Book Unemployment Insurance for Developing Countries

Download or read book Unemployment Insurance for Developing Countries written by Daniel S. Hamermesh and published by World Bank Publications. This book was released on 1992 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: What structure of taxes and benefits is appropriate for an unemployment insurance program? Can the same principles be applied in developing as in developed countries?

Book Selected Bibliography of Unemployment Insurance Program Research Studies  1951 1970

Download or read book Selected Bibliography of Unemployment Insurance Program Research Studies 1951 1970 written by United States. Unemployment Insurance Service and published by . This book was released on 1971 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: