Optimal unemployment insurance in an estimated job search model with savings

By Rasmus Lentz. 2009

185 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/2e88e01cbc5c1d7cdde340e98651fe5bee0d4507

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Citations in the corpus

Social Insurance: Connecting Theory to Data (2012, background): “(22) that larger elasticities ε1−e,b do not necessarily mean that social insurance is less desirable, a point emphasized by Nyman (2003) in the context of health insurance. It matters whether a higher value of ε1−e,b comes from a larger liquidity (− ∂e ∂A ) or moral hazard ( ∂e ∂wh ) component.To th”
On-the-Job Search and Precautionary Savings (2013, background): “Understanding these joint dynamics within an equilibrium search model is central to my research agenda, and substantial progress has already been made in Lise et al. (2012). The model misses somewhat the extremes of the earnings and wealth distributions, suggesting that the fit could be substantiall”
Joint-Search Theory: New Opportunities and New Frictions (2009, background): “Since (w ) = U; comparing the above equation to (12) yields that w = b.”
Macroeconomic Evaluation of Labor Market Reform in Germany (2013, unknown): “For the job search technology, we follow Hopenhayn and Nicolini (1997), Lentz (2009), and Shimer and Werning (2008) and assume an exponential specification: πðe j su; lÞ ¼ 1 - e - λðsuÞl; πðe j lu; lÞ ¼ 1 - e - λðluÞl: (17) We choose the values of λ(su) and λ(lu) so that the corresponding job…”
Should Unemployment Insurance Vary with the Unemployment Rate? Theory and Evidence (2016, unknown): “However, many of the studies that conduct a welfare analysis of UI do not consider whether and to what extent UI benefits should vary with labor market conditions (Baily 1978, Gruber 1997, Hopenhayn and Nicolini 1997, Chetty 2006, 2008, Shimer and Werning 2007, Kroft 2008, Lentz 2009).”
The Structural Estimation of Behavioral Models: Discrete Choice Dynamic Programming Methods and Applications (2011, background): “Lentz (2009) also structurally estimates a sequential search model with savings.”