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Measuring the equilibrium effects of unemployment benefits dispersion Author info | Abstract | Publisher info | Download info | Related research | Statistics Vuuren, Aico van (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)
Berg, Gerard J. van den
Ridder, Geert
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registered author(s):
We analyze the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for dispersion of benefits and productivity levels, job-to-job transitions, and structural and frictional unemployment. The estimation method uses readily available aggregate data on marginal distributions of unemployment durations as well as wages and benefit levels. Different causes of structural and frictional unemployment are investigated. We investigate the efficiency of the imposition of a single benefit level for all household types and the introduction of an Earned Income Tax Credit.
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Paper provided by VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics in its series Serie Research Memoranda with number
0043.
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Date of creation: 1999Date of revision:
Handle: RePEc:dgr:vuarem:1999-43Contact details of provider: Web page: http://www.feweb.vu.nl
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Keywords: Equilibrium search ; wages ; benefit levels ; minimum wages ; welfare ; Other versions of this item:
Article Paper Ridder, G & van den Berg, Gerard J & van Vuuren, Aico, 2000.
"Measuring the Equilibrium Effects of Unemployment Benefits Dispersion ,"
CEPR Discussion Papers
2541, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Aico van Vuuren & Gerard J van den Berg & Geert Ridder, 2000.
"Measuring the Equilibrium Effects of Unemployment Benefits Dispersion ,"
Economics Working Paper Archive
431, The Johns Hopkins University,Department of Economics.
Aico van Vuuren & Gerard J. van den Berg & Geert Ridder, 1999.
"Measuring the Equilibrium Effects of Unemployment Benefits Dispersion ,"
Tinbergen Institute Discussion Papers
99-086/3, Tinbergen Institute.
[Downloadable!] Find related papers by JEL classification: J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Koning, Pierre & Ridder, Geert & van den Berg, Gerard J, 1995.
"Structural and Frictional Unemployment in an Equilibrium Search Model with Heterogeneous Agents ,"
Journal of Applied Econometrics ,
John Wiley & Sons, Ltd., vol. 10(S), pages S133-51, Suppl. De.
[Downloadable!] (restricted)
Other versions: Albrecht, James W & Axell, Bo, 1984.
"An Equilibrium Model of Search Unemployment ,"
Journal of Political Economy ,
University of Chicago Press, vol. 92(5), pages 824-40, October.
[Downloadable!] (restricted)
Other versions: van den Berg, Gerard J, 1990.
"Nonstationarity in Job Search Theory ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 57(2), pages 255-77, April.
[Downloadable!] (restricted)
Dolton, Peter & O'Neill, Donal, 1996.
"Unemployment Duration and the Restart Effect: Some Experimental Evidence ,"
Economic Journal ,
Royal Economic Society, vol. 106(435), pages 387-400, March.
[Downloadable!] (restricted)
Scholz, John Karl, 1996.
"In-Work Benefits in the United States: The Earned Income Tax Credit ,"
Economic Journal ,
Royal Economic Society, vol. 106(434), pages 156-69, January.
[Downloadable!] (restricted)
Mortensen, Dale T. & Pissarides, Christopher A., 1999.
"New developments in models of search in the labor market ,"
Handbook of Labor Economics ,
in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 39, pages 2567-2627
Elsevier.
[Downloadable!] (restricted)
Other versions: Bontemps, Christian & Robin, Jean-Marc & van den Berg, Gerard J, 2000.
"Equilibrium Search with Continuous Productivity Dispersion: Theory and Nonparametric Estimation ,"
International Economic Review ,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(2), pages 305-58, May.
Other versions: Dale Mortensen, 1984.
"Job Search and Labor Market Analysis ,"
Discussion Papers
594, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
[Downloadable!]
Other versions: Diamond, Peter A., 1971.
"A model of price adjustment ,"
Journal of Economic Theory ,
Elsevier, vol. 3(2), pages 156-168, June.
[Downloadable!] (restricted)
Hopenhayn, Hugo A & Nicolini, Juan Pablo, 1997.
"Optimal Unemployment Insurance ,"
Journal of Political Economy ,
University of Chicago Press, vol. 105(2), pages 412-38, April.
Other versions: Dale T. Mortensen, 1988.
"Equilibrium Wage Distrihutions: A Synthesis ,"
Discussion Papers
811, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
[Downloadable!]
Bontemps, Christian & Robin, Jean-Marc & Van den Berg, Gerard J, 1999.
"An Empirical Equilibrium Job Search Model with Search on the Job and Heterogeneous Workers and Firms ,"
International Economic Review ,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(4), pages 1039-74, November.
van den Berg, Gerard J, 1992.
"A Structural Dynamic Analysis of Job Turnover and the Costs Associated with Moving to Another Job ,"
Economic Journal ,
Royal Economic Society, vol. 102(414), pages 1116-33, September.
[Downloadable!] (restricted)
Stephen R. G. Jones & W. Craig Riddell, 1999.
"The Measurement of Unemployment: An Empirical Approach ,"
Econometrica ,
Econometric Society, vol. 67(1), pages 147-162, January.
Other versions: Gerard J. van den Berg & Geert Ridder, 1998.
"An Empirical Equilibrium Search Model of the Labor Market ,"
Econometrica ,
Econometric Society, vol. 66(5), pages 1183-1222, September.
Other versions: Burdett, Kenneth & Mortensen, Dale T, 1998.
"Wage Differentials, Employer Size, and Unemployment ,"
International Economic Review ,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(2), pages 257-73, May.
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Gérard Van Den Berg & Aïco Van Vuuren, 2002.
"Using Firm Data to Assess the Performance of Equilibrium Search Models of the Labor Market ,"
Annales d'Economie et de Statistique ,
ADRES, issue 67-68, pages 09, Juillet-D.
[Downloadable!]
Other versions:
Berg, Gerard J. van den & Vuuren, Aico van, 2000.
"Using firm data to assess the performance of equilibrium search models of the labor market ,"
Serie Research Memoranda
0023, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
[Downloadable!] Gerard J. van den Berg & Aico van Vuuren, 2000.
"Using Firm Data to assess the Performance of Equilibrium Search Models of the Labor Market ,"
Tinbergen Institute Discussion Papers
00-067/3, Tinbergen Institute.
[Downloadable!] Alok Kumar, 2008.
"Capital Tax, Minimum Wage, and Labor Market Outcomes ,"
Review of Economic Dynamics ,
Elsevier for the Society for Economic Dynamics, vol. 11(1), pages 133-154, January.
[Downloadable!] (restricted)
Alok Kumar, 2004.
"Inflation and the Dispersion of Real Wages ,"
Econometric Society 2004 Far Eastern Meetings
750, Econometric Society.
[Downloadable!]
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