BACKGROUND The aim of the study was to estimate the short-run and long-run effects of unemployment rate on health outcomes of Chinese population, which is under studied before. METHODS The Chinese aggregate data was analyzed (provincial data from 1990-2011). The fixed effect model and infinite distributed lag model (IDL) were applied to analyze the data. It aimed to estimate the short-run and...

We study theoretically and empirically how optimal unemployment insurance (UI) benefits vary over the business cycle. Theoretically, we characterize how the moral hazard cost and the consumption smoothing benefit of UI vary over the business cycle in a standard job search model. This analysis motivates our empirical strategy which tests whether the effect of UI on unemployment durations and the...

Charles Bean has written an informative discussion of unemployment that brings to a larger audience some parts of his comprehensive discussion of European unemployment (Bean, 1994). His current paper also discusses the role that policy might take to reduce unemployment. I will put policy issues aside initially to concentrate on the causes of unemployment. I begin by stating and commenting on fo...

Abstract—The aim of this paper is to select the most accurate forecasting method for predicting the future values of the unemployment rate in selected European countries. In order to do so, several forecasting techniques adequate for forecasting time series with trend component, were selected, namely: double exponential smoothing (also known as Holt`s method) and Holt-Winters` method which acco...

This paper argues that a risk averse of workers after-tax reservation wage the difference between her reservation wage and the tax needed to fund the unemployment insurance system when liquidity constraint binds exists and it is unique. The optimality of unemployment insurance based on the responsiveness of reservation wage to unemployment benefit shows the disincentive effect, i.e. higher unem...

This study has two goals. The first is to use Markov Switching models to identify and analyze the cycles in the unemployment rate and four different types of property-related criminal activities in the US. The second is to apply the nonparametric concordance index of Harding and Pagan (2006) to determine the correlation between the cycles of unemployment rate and property crimes. Findings show ...

Abstract—The aim of this paper is to select the most accurate forecasting method for predicting the future values of the unemployment rate in selected European countries. In order to do so, several forecasting techniques adequate for forecasting time series with trend component, were selected, namely: double exponential smoothing (also known as Holt`s method) and Holt-Winters` method which acco...

Efficiency wages theories argue that the threat of firing, coupled with a high unemployment rate, is a mechanism that discourages employee shirking in asymmetric information contexts. Our empirical analysis aims to test the role of unemployment as a worker discipline device, considering the different degree of job security offered by the Italian Employment Protection Legislation to workers empl...

It is critical because average unemployment among young people is, in all countries of the region, much higher than average unemployment overall. In fact, in Latin America and the Caribbean the youth unemployment rate is twice the overall unemployment rate and three times the rate for adults; in some countries it is as high as five times the rate for adults over age 45. What is more, young peop...