Modelling the Time on Unemployment Insurance Benefits

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ISBN 13 :
Total Pages : 7 pages
Book Rating : 4.:/5 (836 download)

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Book Synopsis Modelling the Time on Unemployment Insurance Benefits by :

Download or read book Modelling the Time on Unemployment Insurance Benefits written by and published by . This book was released on 2007 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Modelling Unemployment Insurance

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Publisher : Springer Nature
ISBN 13 : 3030913198
Total Pages : 182 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis Modelling Unemployment Insurance by : Paola Potestio

Download or read book Modelling Unemployment Insurance written by Paola Potestio and published by Springer Nature. This book was released on 2022-01-28 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines unemployment insurance policy through a survey, taking stock of the theoretical work in the field of labor economics. It closely follows and assesses developments in the modelling of optimal unemployment insurance (UI) policies, beginning with the initial analytical findings produced in the second half of the 1970s. A main part of the survey is devoted to the two basic strands of analysis about, respectively, the optimal level of UI benefits and the optimal time profile of UI policy. The book has two different objectives. The first is to provide an essential summary of the individual models, with the intention of underscoring how a number of specific messages for the policy-maker can be derived from analytical constructions. It further emphasizes and comments on what the models deliver to UI policy-makers. The second objective is to stress the importance and extension of open questions in the field of the theoretical approach to the unemployment insurance issue. The survey discusses the multiplicity of heterogeneities of the labor world in particular as relevant for UI issues on the one side, and on the other hand, the independence of the two basic choices of UI policy, its meaning and its limits, and the possible forms of complementarity between these choices. The book is a must-read for researchers, students, and policy-makers interested in a better understanding of the field of labor economics in general, as well as unemployment insurance policies in particular.

Modelling Unemployment Insurance

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Publisher :
ISBN 13 : 9783030913205
Total Pages : 0 pages
Book Rating : 4.9/5 (132 download)

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Book Synopsis Modelling Unemployment Insurance by : Paola Potestio

Download or read book Modelling Unemployment Insurance written by Paola Potestio and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines unemployment insurance policy through a survey, taking stock of the theoretical work in the field of labor economics. It closely follows and assesses developments in the modelling of optimal unemployment insurance (UI) policies, beginning with the initial analytical findings produced in the second half of the 1970s. A main part of the survey is devoted to the two basic strands of analysis about, respectively, the optimal level of UI benefits and the optimal time profile of UI policy. The book has two different objectives. The first is to provide an essential summary of the individual models, with the intention of underscoring how a number of specific messages for the policy-maker can be derived from analytical constructions. It further emphasizes and comments on what the models deliver to UI policy-makers. The second objective is to stress the importance and extension of open questions in the field of the theoretical approach to the unemployment insurance issue. The survey discusses the multiplicity of heterogeneities of the labor world in particular as relevant for UI issues on the one side, and on the other hand, the independence of the two basic choices of UI policy, its meaning and its limits, and the possible forms of complementarity between these choices. The book is a must-read for researchers, students, and policy-makers interested in a better understanding of the field of labor economics in general, as well as unemployment insurance policies in particular.

Effect of Unemployment Insurance on Duration of Unemployment

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Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Effect of Unemployment Insurance on Duration of Unemployment by : Raymond P. H. Fishe

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:

Optimal Unemployment Insurance

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Publisher : Mohr Siebeck
ISBN 13 : 9783161493041
Total Pages : 204 pages
Book Rating : 4.4/5 (93 download)

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Book Synopsis Optimal Unemployment Insurance by : Andreas Pollak

Download or read book Optimal Unemployment Insurance written by Andreas Pollak and published by Mohr Siebeck. This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designing a good unemployment insurance scheme is a delicate matter. In a system with no or little insurance, households may be subject to a high income risk, whereas excessively generous unemployment insurance systems are known to lead to high unemployment rates and are costly both from a fiscal perspective and for society as a whole. Andreas Pollak investigates what an optimal unemployment insurance system would look like, i.e. a system that constitutes the best possible compromise between income security and incentives to work. Using theoretical economic models and complex numerical simulations, he studies the effects of benefit levels and payment durations on unemployment and welfare. As the models allow for considerable heterogeneity of households, including a history-dependent labor productivity, it is possible to analyze how certain policies affect individuals in a specific age, wealth or skill group. The most important aspect of an unemployment insurance system turns out to be the benefits paid to the long-term unemployed. If this parameter is chosen too high, a large number of households may get caught in a long spell of unemployment with little chance of finding work again. Based on the predictions in these models, the so-called "Hartz IV" labor market reform recently adopted in Germany should have highly favorable effects on the unemployment rates and welfare in the long run.

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

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Publisher : Litres
ISBN 13 : 5041500363
Total Pages : 19 pages
Book Rating : 4.0/5 (415 download)

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

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.

An Evaluation of the Department of Labor's Simulation Model for Unemployment Insurance Benefits

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Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (88 download)

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Book Synopsis An Evaluation of the Department of Labor's Simulation Model for Unemployment Insurance Benefits by : Alan L. Gustman

Download or read book An Evaluation of the Department of Labor's Simulation Model for Unemployment Insurance Benefits written by Alan L. Gustman and published by . This book was released on 1981 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Quantitative Theory of Time-consistent Unemployment Insurance

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (962 download)

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Book Synopsis A Quantitative Theory of Time-consistent Unemployment Insurance by : Yun Pei

Download or read book A Quantitative Theory of Time-consistent Unemployment Insurance written by Yun Pei and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: During recessions, the U.S. government substantially increases the duration of unemployment insurance (UI) benefits through multiple extensions. This paper seeks to understand the incentives driving these increases. Because of the trade-off between insurance and job search incentives, the classic time-inconsistency problem arises. This paper endogenizes a time-consistent UI policy in a stochastic equilibrium search model, where a government without commitment to future policies chooses the UI benefit level and expected duration each period. A longer benefit duration increases unemployed workers' consumption but reduces job search, leading to higher future unemployment. Quantitatively, the model rationalizes most of the variations in benefit duration during the Great Recession. We use the framework to evaluate the effects of the 2009-13 benefit extensions on unemployment and welfare.

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

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Impact of the Potential Duration of Unemployment Benefits on the Duration of Unemployment by : Lawrence F. Katz

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.

The Design of Unemployment Transfers

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (536 download)

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Book Synopsis The Design of Unemployment Transfers by : Victoria L. Prowse

Download or read book The Design of Unemployment Transfers written by Victoria L. Prowse and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Optimal Level and Profile of Unemployment Insurance Benefits in a Model of Employment Mismatch

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Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (46 download)

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Book Synopsis The Optimal Level and Profile of Unemployment Insurance Benefits in a Model of Employment Mismatch by : Helmuth Cremer

Download or read book The Optimal Level and Profile of Unemployment Insurance Benefits in a Model of Employment Mismatch written by Helmuth Cremer and published by . This book was released on 1989 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Comparison of the Use of Time Ladders Versus Work Sampling in Unemployment Insurance Cost Model Studies

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Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.:/5 (625 download)

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Book Synopsis Comparison of the Use of Time Ladders Versus Work Sampling in Unemployment Insurance Cost Model Studies by : Michael Paul Werner

Download or read book Comparison of the Use of Time Ladders Versus Work Sampling in Unemployment Insurance Cost Model Studies written by Michael Paul Werner and published by . This book was released on 1979 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

How the Government Measures Unemployment

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Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis How the Government Measures Unemployment by :

Download or read book How the Government Measures Unemployment written by and published by . This book was released on 1964 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical method used by the USA labour administration for the measurement of unemployment.

Numerical Methods in Economics

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Publisher : MIT Press
ISBN 13 : 0262547740
Total Pages : 657 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Numerical Methods in Economics by : Kenneth L. Judd

Download or read book Numerical Methods in Economics written by Kenneth L. Judd and published by MIT Press. This book was released on 2023-04-04 with total page 657 pages. Available in PDF, EPUB and Kindle. Book excerpt: To harness the full power of computer technology, economists need to use a broad range of mathematical techniques. In this book, Kenneth Judd presents techniques from the numerical analysis and applied mathematics literatures and shows how to use them in economic analyses. The book is divided into five parts. Part I provides a general introduction. Part II presents basics from numerical analysis on R^n, including linear equations, iterative methods, optimization, nonlinear equations, approximation methods, numerical integration and differentiation, and Monte Carlo methods. Part III covers methods for dynamic problems, including finite difference methods, projection methods, and numerical dynamic programming. Part IV covers perturbation and asymptotic solution methods. Finally, Part V covers applications to dynamic equilibrium analysis, including solution methods for perfect foresight models and rational expectation models. A website contains supplementary material including programs and answers to exercises.

The Insured Unemployed

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ISBN 13 :
Total Pages : 358 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis The Insured Unemployed by : United States. Bureau of Employment Security

Download or read book The Insured Unemployed written by United States. Bureau of Employment Security and published by . This book was released on 1960 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pro-Cyclical Unemployment Benefits? Optimal Policy in an Equilibrium Business Cycle Model

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Pro-Cyclical Unemployment Benefits? Optimal Policy in an Equilibrium Business Cycle Model by : Kurt Mitman

Download or read book Pro-Cyclical Unemployment Benefits? Optimal Policy in an Equilibrium Business Cycle Model written by Kurt Mitman and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the optimal provision of unemployment insurance (UI) over the business cycle. We use an equilibrium search and matching model with aggregate shocks to labor productivity, incorporating risk-averse workers, endogenous worker search effort decisions, and unemployment benefit expiration. We characterize the optimal UI policy, allowing both the benefit level and benefit duration to depend on the history of past aggregate shocks. We find that the optimal benefit is decreasing in current productivity and decreasing in current unemployment. Following a drop in productivity, benefits initially rise in order to provide short-run relief to the unemployed and stabilize wages, but then fall significantly below their pre-recession level, in order to speed up the subsequent recovery. Under the optimal policy, the path of benefits is pro-cyclical overall. As compared to the existing U.S. UI system, the optimal history-dependent benefits smooth cyclical fluctuations in unemployment and deliver substantial welfare gains.

Dynamic Models of Unemployment Insurance Benefit Receipt

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Publisher :
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Dynamic Models of Unemployment Insurance Benefit Receipt by :

Download or read book Dynamic Models of Unemployment Insurance Benefit Receipt written by and published by . This book was released on 1999 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: