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Unemployement Insurance Take-up Rates in an Equilibrium Search Model / Stéphane Auray / Palaiseau (91) ; Bruz (35) : CREST (2013)
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Code-barres Cote Support Localisation Section Disponibilité E006056 P.215 / 2013-12 Ouvrage ENSAE Publications GENES (Crest, ENSAE, Ensai) Disponible 00002018807 INS CRE 12 / 2013 Ouvrage Ensai Publications GENES (Crest, ENSAE, Ensai) Disponible Unemployment insurance take-up rates in an equilibrium search model / Stéphane Auray / Palaiseau (91) ; Bruz (35) : CREST (2017)
Titre : Unemployment insurance take-up rates in an equilibrium search model Type de document : document électronique Auteurs : Stéphane Auray ; France. Centre de recherche en économie et statistique (CREST) / CREST. Center for Research in Economics and Statistics (Paris ; Palaiseau ; Bruz) ; Barbara Pertold-Gebicka, ; David L. Fuller, ; Damba Lkhagvasuren, Editeur : Palaiseau (91) ; Bruz (35) : CREST Année de publication : 2017 Collection : CREST Série des Documents de Travail = CREST Working paper Series [1997-....] num. n° 2017 -58 Importance : 54 p. Format : 30 cm Note générale : Notes bibliogr. Langues : Anglais (eng) Descripteurs : Assurance chômage , Document de travail CREST , Etats-Unis , Publication d'auteur CREST Tags : Unemployment insurance Take-up Matching frictions Search experience rating Index. décimale : CREST Publications CREST Résumé : From 1989-2012, on average 23 % of those eligible for unemployment insurance (UI) benefits in the US did not collect them. In a search model with matching frictions, asymmetric information associated with the UI non-collectors implies an inefficiency in non-collector outcomes. This inefficiency is characterized along with the key features of collector vs. non-collector allocations. Specifically, the inefficiency implies that non-collectors transition to employment at a faster rate and a lower wage than the efficient levels. Quantitatively, the inefficiency amounts to 1,71 % welfare loss in consumption equivalent terms for the average worker, with a 3,85 % loss conditional on non-collection. With an endogenous take-up rate, the unemployment rate and average duration of unemployment respond significantly slower to changes in the UI benefit level, relative to the standard model with a 100% take-up rate. [Résumé de l'éditeur] Permalink : https://genes.bibli.fr/index.php?lvl=notice_display&id=135261 Unemployment insurance take-up rates in an equilibrium search model [document électronique] / Stéphane Auray ; France. Centre de recherche en économie et statistique (CREST) / CREST. Center for Research in Economics and Statistics (Paris ; Palaiseau ; Bruz) ; Barbara Pertold-Gebicka, ; David L. Fuller, ; Damba Lkhagvasuren, . - Palaiseau (91) ; Bruz (35) : CREST, 2017 . - 54 p. ; 30 cm. - (CREST Série des Documents de Travail = CREST Working paper Series [1997-....]; n° 2017 -58) .
Notes bibliogr.
Langues : Anglais (eng)
Descripteurs : Assurance chômage , Document de travail CREST , Etats-Unis , Publication d'auteur CREST Tags : Unemployment insurance Take-up Matching frictions Search experience rating Index. décimale : CREST Publications CREST Résumé : From 1989-2012, on average 23 % of those eligible for unemployment insurance (UI) benefits in the US did not collect them. In a search model with matching frictions, asymmetric information associated with the UI non-collectors implies an inefficiency in non-collector outcomes. This inefficiency is characterized along with the key features of collector vs. non-collector allocations. Specifically, the inefficiency implies that non-collectors transition to employment at a faster rate and a lower wage than the efficient levels. Quantitatively, the inefficiency amounts to 1,71 % welfare loss in consumption equivalent terms for the average worker, with a 3,85 % loss conditional on non-collection. With an endogenous take-up rate, the unemployment rate and average duration of unemployment respond significantly slower to changes in the UI benefit level, relative to the standard model with a 100% take-up rate. [Résumé de l'éditeur] Permalink : https://genes.bibli.fr/index.php?lvl=notice_display&id=135261 Documents numériques
Unemployment Insurance Take-up Rates in an Equilibrium Search ModelURL