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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19499 |
来源ID | Working Paper 19499 |
Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects | |
Marcus Hagedorn; Fatih Karahan; Iourii Manovskii; Kurt Mitman | |
发表日期 | 2013-10-16 |
出版年 | 2013 |
语种 | 英语 |
摘要 | Equilibrium labor market theory suggests that unemployment benefit extensions affect unemployment by impacting both job search decisions by the unemployed and job creation decisions by employers. The existing empirical literature focused on the former effect only. We develop a new methodology necessary to incorporate the measurement of the latter effect. Implementing this methodology in the data, we find that benefit extensions raise equilibrium wages and lead to a sharp contraction in vacancy creation, employment, and a rise in unemployment. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Unemployment and Immigration |
URL | https://www.nber.org/papers/w19499 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577203 |
推荐引用方式 GB/T 7714 | Marcus Hagedorn,Fatih Karahan,Iourii Manovskii,et al. Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects. 2013. |
条目包含的文件 | 条目无相关文件。 |
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