Measuring the Equilibrium Effects of Unemployment Benefits Dispersion

Gerard van den Berg, Geert Ridder () and Aico van Vuuren

No 2541, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We analyse 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.

Keywords: Equilibrium search; Wages; Benefit levels; Minimum wages; Welfare (search for similar items in EconPapers)
JEL-codes: C41 E24 J31 J64 (search for similar items in EconPapers)
Date: 2000-08
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://cepr.org/publications/DP2541 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: Measuring the equilibrium effects of unemployment benefits dispersion (2000)
Working Paper: Measuring the Equilibrium Effects of Unemployment Benefits Dispersion (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:2541

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP2541

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().