Staying on the Dole
Publikation: Working paper › Forskning
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- 0618
Forlagets udgivne version, 214 KB, PDF-dokument
We develop a simple model of short- and long-term unemployment to study how labor market institutions interact with labor market conditions and personal characteristics of the unemployed. We analyze how the decision to exit unemployment and to mitigate human capital degradation by retraining depends on education, skill degradation, age, labor market tightness, taxes, unemployment insurance benefits and welfare assistance. We extend our analysis by allowing for time-inconsistent choices and demonstrate the possibility of an unemployment trap
Originalsprog | Engelsk |
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Udgivelsessted | Cph. |
Udgiver | Department of Economics, University of Copenhagen |
Antal sider | 26 |
Status | Udgivet - 2006 |
Bibliografisk note
JEL Classification: J64, J31, J38
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