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Business Cycles, Unemployment Insurance, and the Calibration of Matching Models

by James S. Costain, Michael Reiter , 2006
"... This paper theoretically and empirically documents a puzzle that arises when an RBC economy with a job matching function is used to model unemployment. The standard model can generate sufficiently large cyclical fluctuations in unemployment, or a sufficiently small response of unemployment to labor ..."
Abstract - Cited by 149 (5 self) - Add to MetaCart
to labor market policies, but it cannot do both. Variable search and separation, finite UI benefit duration, efficiency wages, and capital all fail to resolve this puzzle. However, either sticky wages or match-specific productivity shocks can improve the model’s performance by making the firm’s flow

unknown title

by The Effect Of, Roope Uusitalo, Jouko Verho
"... unemployment benefits on re-employment rates: evidence from the Finnish UI-benefit reform ..."
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unemployment benefits on re-employment rates: evidence from the Finnish UI-benefit reform

A Quantitative Analysis of Unemployment Benefit Extensions

by Makoto Nakajima , 2011
"... This paper measures the effect of the ongoing extensions of unemployment insurance (UI) benefits on the unemployment rate using a calibrated structural model that features job search and consumption-saving decisions, skill depreciation, UI eligibility, and UI benefit extensions that capture what has ..."
Abstract - Cited by 19 (1 self) - Add to MetaCart
This paper measures the effect of the ongoing extensions of unemployment insurance (UI) benefits on the unemployment rate using a calibrated structural model that features job search and consumption-saving decisions, skill depreciation, UI eligibility, and UI benefit extensions that capture what

Assessing the Welfare Effects of Unemployment Benefits Using the Regression Kink Design

by Camille Landais, Thank Moussa Blimpo, David Card, Gopi Goda, Mark Hafstead, Caroline Hoxby, Henrik Kleven, Pascal Michaillat , 2012
"... I investigate in this paper partial equilibrium labor supply responses to unemployment insurance (UI) in the US. I use administrative data on the universe of unemployment spells in five states from 1976 to 1984, and non-parametrically identify the effect of both benefit level and potential duration ..."
Abstract - Cited by 8 (1 self) - Add to MetaCart
I investigate in this paper partial equilibrium labor supply responses to unemployment insurance (UI) in the US. I use administrative data on the universe of unemployment spells in five states from 1976 to 1984, and non-parametrically identify the effect of both benefit level and potential duration

Unemployment Benefit Extensions

by Makoto Nakajima, Makoto Nakajima , 2011
"... This paper measures the effect of extensions of unemployment insurance (UI) benefits on the unemployment rate using a calibrated structural model that features job search and consumption-saving decision, skill depreciation, UI eligibility, and UI benefit extensions that capture what has happened dur ..."
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This paper measures the effect of extensions of unemployment insurance (UI) benefits on the unemployment rate using a calibrated structural model that features job search and consumption-saving decision, skill depreciation, UI eligibility, and UI benefit extensions that capture what has happened

Extended Unemployment Benefits and Early Retirement: Program Complementarity and

by Lukas Inderbitzin - Program Substitution,” IZA Discussion Paper 7330, Institute for the Study of Labor (IZA , 2013
"... We study how extended unemployment benefits for older workers affect (i) the incidence of early retirement and (ii) the pathways through which worker exit the labor market. In many countries, early retirement schemes consist of special rules for older workers in unemployment-insurance (UI-) and disa ..."
Abstract - Cited by 4 (1 self) - Add to MetaCart
We study how extended unemployment benefits for older workers affect (i) the incidence of early retirement and (ii) the pathways through which worker exit the labor market. In many countries, early retirement schemes consist of special rules for older workers in unemployment-insurance (UI

Modelling the Time on Unemployment Insurance Benefits

by Govert E. Bijwaard
"... A duration model based on the time on Unemployment Insurance (UI) benefits instead of a model based on the time till re-employment is more relevant from a cost-benefit per-spective. The contribution of this paper is to extend the standard (mixed) Proportional Hazard model to account for an upper bou ..."
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A duration model based on the time on Unemployment Insurance (UI) benefits instead of a model based on the time till re-employment is more relevant from a cost-benefit per-spective. The contribution of this paper is to extend the standard (mixed) Proportional Hazard model to account for an upper

Improving UI Integration . . .

by Heiko Paulheim, Florian Probst
"... There are different strategies to integrate software systems: integration on the data layer, on the business logic layer, and on the user interface layer. The latter area, recently gaining attention by the rising popularity of Web 2.0 mashups, can benefit heavily from formal models and ontologies. I ..."
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There are different strategies to integrate software systems: integration on the data layer, on the business logic layer, and on the user interface layer. The latter area, recently gaining attention by the rising popularity of Web 2.0 mashups, can benefit heavily from formal models and ontologies

Cash-on-Hand and Competing Models of Intertemporal Behavior: New Evidence from the Labor Market

by David Card, Raj Chetty, Andrea Weber - QUARTERLY JOURNAL OF ECONOMICS, FORTHCOMING , 2006
"... This paper presents new tests of the permanent income hypothesis and other widely used models of household behavior using data from the labor market. We estimate the “excess sensitivity” of job search behavior to cash-on-hand using sharp discontinuities in eligibility for severance pay and extended ..."
Abstract - Cited by 131 (17 self) - Add to MetaCart
unemployment insurance (UI) benefits in Austria. Analyzing data for over one-half million job losers, we obtain three empirical results: (1) a lump-sum severance payment equal to two months of earnings reduces the job-finding rate by 8-12 % on average; (2) an extension of the potential duration of UI benefits

Effects of a Reemployment Bonus under Differing Benefit Entitlements, or, Why the Illinois Experiment Worked." Staff working paper

by Carl Davidson, Stephen A. Woodbury, Carl Davidson, Stephen A. Woodbury, Carl Davidson, Stephen A. Woodbury , 1991
"... Fifty-eight percent of the workers enrolled in the Illinois Claimant Bonus experiment were eligible for 38 weeks of Unemployment Insurance (UI) benefits--26 weeks of state-regular benefits plus 12 weeks of Federal Supplemental Compensation (FSC). The other 42 percent were eligible for only 26 weeks ..."
Abstract - Cited by 19 (13 self) - Add to MetaCart
Fifty-eight percent of the workers enrolled in the Illinois Claimant Bonus experiment were eligible for 38 weeks of Unemployment Insurance (UI) benefits--26 weeks of state-regular benefits plus 12 weeks of Federal Supplemental Compensation (FSC). The other 42 percent were eligible for only 26 weeks
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