منابع مشابه
The Effect of Unemployment Benefits and Nonemployment Durations on Wages∗
We estimate that Unemployment Insurance (UI) extensions reduce reemployment wages using sharp age discontinuities in UI eligibility in Germany. We show this effect combines two key policy parameters: the effect of UI on reservation wages and the effect of nonemployment durations on wage offers. Our framework implies if UI extensions do not affect wages conditional on duration, then reservation ...
متن کاملWhy do Unemployment Benefits Raise Unemployment Durations? The Role of Borrowing Constraints and Income Effects
It is well known that unemployment benefits raise unemployment durations. This result has traditionally been interpreted as a substitution effect caused by a reduction in the price of leisure relative to consumption, generating a deadweight burden. This paper questions the validity of this interpretation by showing that unemployment benefits can also affect durations through a non-distortionary...
متن کاملUnemployment and the " Labour -
We study a model in which management and a union bargain sequentially, first choosing a rule that will later determine the level of employment, and then choosing a wage. The government then chooses an output or an employment subsidy. An exogenous natural turnover rate in the unionized sector creates unemployment whenever the union wage exceeds the competitive wage. Government intervention can i...
متن کاملInternet Job Search and Unemployment Durations
Internet Job Search and Unemployment Durations After decades of stability, the technologies used by workers to locate new jobs began to change rapidly with the diffusion of internet access in the late 1990’s. Which types of persons incorporated the internet into their job search strategy, and did searching for work on line help these workers find new jobs faster? We address these questions usin...
متن کاملGreat expectations: Past wages and unemployment durations☆
Decomposing wages into worker and firm wage components, we find that firm-fixed components are sizeable parts of workers' wages. If workers can only imperfectly observe the extent of firm-fixed components in their wages, they might be misled about the overall wage distribution. Such misperceptions may lead to unjustified high reservation wages, resulting in overly long unemployment durations. W...
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ژورنال
عنوان ژورنال: Economic & Labour Market Review
سال: 2010
ISSN: 1751-8326
DOI: 10.1057/elmr.2010.48