Unemployment vs. Mismatch of Talents: Reconsidering Unemployment Benefits

Unemploxment vs. . . . : Reconsidering unemployment benefits

We develop an equilibrium search-matching model with risk-neutral agents and two-sided ex-ante heterogeneity. Unemployment insurance has the standard e®ect of reducing employment, but also helps workers to get a suitable job. The predictions of our simple model are consistent with the contrasting performance of the labor market in Europe and US in terms of unemployment, productivity growth and ...

No. 2001-77 UNEMPLOYMENT VS. IN-WORK BENEFITS WITH SEARCH UNEMPLOYMENT AND OBSERVABLE ABILITIES

This paper explores the optimal interaction between the tax system and unemployment compensation in insuring people against the risks of involuntary unemployment and low ability. To that end, we introduce search unemployment in a model of optimal non-linear income taxation. We ...nd that the optimal search subsidy (i.e. the di¤erence between the in-work bene...t and the unemployment bene...t) i...

Verification of unemployment benefits’ claims using Classifier Combination method

Unemployment insurance is one of the most popular insurance types in the modern world. The Social Security Organization is responsible for checking the unemployment benefits of individuals supported by unemployment insurance. Hand-crafted evaluation of unemployment claims requires a big deal of time and money. Data mining and machine learning as two efficient tools for data analysis can assist ...

Skill Mismatch and Structural Unemployment

I build a model in which structural change creates a mismatch between the skill requirements in the available jobs and workers’ current skills. When the mismatch is severe, labor markets go through a prolonged adjustment process wherein job creation is low and unemployment is high. Due to matching frictions, firms find it harder to locate workers with the requisite skills for novel jobs and the...

The Impact of State Unemployment Benefits on Unemployment in America