The Effect of Unemployment Insurance Generosity on Unemployment Duration and Labor Market Transitions

Labour ◽  
2017 ◽  
Vol 31 (4) ◽  
pp. 369-393
Author(s):  
Elif S. Filiz
Keyword(s):  
Labor Market ◽  
Unemployment Insurance ◽  
Unemployment Duration ◽  
Labor Market Transitions ◽  
Market Transitions

scholarly journals On households and unemployment insurance

10.3982/qe865 ◽  
2020 ◽  
Vol 11 (1) ◽  
pp. 437-469 ◽  
Author(s):  
Sekyu Choi ◽  
Arnau Valladares-Esteban
Keyword(s):  
Labor Market ◽  
Unemployment Insurance ◽  
Labor Market Transitions ◽  
Us Economy ◽  
The Us ◽  
Married Individuals ◽  
Aggregate Wealth ◽  
Labor Market Shocks ◽  
Market Shocks ◽  
Market Transitions

We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of household they live in: some agents live alone while others live with their spouses as a family. Our exercise is motivated by the fact that married individuals can rely on spousal income to smooth labor market shocks, while singles cannot. We extend a version of the standard incomplete‐markets model to include two‐agent households and calibrate it to the US economy with special emphasis on matching differences in labor market transitions across gender and marital status as well as aggregate wealth moments. Our central finding is that changes to the current unemployment insurance program are valued differently by married and single households. In particular, a more generous unemployment insurance reduces the welfare of married households significantly more than that of singles and vice versa. We show that this result is driven by the amount of self‐insurance existing in married households, and thus, we highlight the interplay between self‐ and government‐provided insurance and its implication for policy.

scholarly journals Labor Market Institutions, Mobility, and Dualization in the Nordic Countries

2013 ◽  
Vol 3 (1) ◽  
pp. 123 ◽  
Author(s):  
Jørgen Svalund
Keyword(s):  
Labor Market ◽  
Temporary Employment ◽  
Nordic Countries ◽  
Employment Protection ◽  
Labor Market Institutions ◽  
Employment Contracts ◽  
Temporary Contracts ◽  
Labor Market Transitions ◽  
Protection Legislation ◽  
Market Transitions

Comparing the Nordic countries, this article examines different combinations of permanent and temporary employment protection legislation, and whether such differences are reflected in patterns of labor market transitions. We find higher levels of transitions from unemployment to temporary contracts in Sweden and Finland, with lax regulation of temporary contracts and strict regulation of permanent contracts. Further, temporary employees are integrated into permanent contracts in countries with lax (Denmark) or strict (Norway) regulation of permanent contracts, while this is not the case in Finland and Sweden. For these countries, the study indicates a certain degree of labor market duality, with low mobility from temporary to permanent employment contracts.

Sign in / Sign up

Export Citation Format

Share Document