Equilibrium unemployment and the duration of unemployment benefits

Equilibrium Search with Time-Varying Unemployment Benefits∗

In this paper we show how time-varying unemployment benefits can generate equilibrium wage dispersion in an economy in which identical firms post wages and homogeneous risk-averse workers search for acceptable offers. We model a two-tier unemployment benefit system that is similar to real-world unemployment insurance programs. We assume that the unemployed initially receive benefits at rate b. ...

pricing unemployment insurance : the case of iran

employees always concern about losing their job , or in other word , losing their income resources. for this purpose, every government requires strong system for covering these concerns. the unemployment insurance (ui) program’s can be used for achieving this goal. in this thesis, we price ui based on the insurance history of employee and the duration of being unemployed. we use the weibull dis...

Determinants of Unemployment Duration in Iran

This study investigates the effect of individual characteristics on the unemployment duration of job seekers in Iran, using information from the Labor Force Survey in 2018 and applying of nonparametric, semi-parametric and parametric methods. The results show that the probability of employment for married males and also Married females are more likely than single people. Regional differences in...

Equilibrium Unemployment

A search-theoretic model of equilibrium unemployment is constructed and shown to be consistent with the key regularities of the labor market and business cycle. The two distinguishing features of the model are: (i) the decision to accept or reject jobs is modeled explicitly, and (ii) markets are incomplete. The model is well suited to address a number of interesting policy questions. Two such a...

Measuring the Equilibrium Effects of Unemployment Benefits Dispersion