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Losing a Job: The Nonpecuniary Cost of Unemployment in the United States
the United States Cost of Unemployment
2015/6/23
Job loss is a salient
trigger event that sets off large changes in well-being. The factors expected to
improve the lot of the unemployed have limited efficacy: (1) changes in family income
are n...
Unemployment Insurance Eligibility, Moral Hazard and Equilibrium Unemployment
Search Matching Moral Hazard UI Entitlement Equilibrium Unemployment Labor Markets
2010/7/1
This paper shows that the Mortensen-Pissarides search and matching model can be successfully parameterized to generate observed large cyclical fluctuations in unemployment and modest responses of unem...
Does Unemployment Increase Crime?: Evidence from U.S. Data 1974–2000
Unemployment Increase Crime Evidence
2016/3/7
OLS may understate the effect of unemployment on crime because of the endogeneity problem (Raphael and Winter-Ember 2001). In this paper, we use changes in the real exchange rate, state manufacturing ...