"The Allocative Channel of Cyclical UI", July 2024. New!
[draft]
This paper studies the implications of cyclicality in unemployment insurance (UI) for worker-firm sorting patterns and the normative implications for UI design. In a model of labour market sorting, changes in UI policy can affect the allocation of workers across jobs. We use worker panel data from the SIPP to provide novel evidence for several key mechanisms and to bring the model to the data. We find in the model that countercyclical UI policy contributes strongly to worker-firm sorting over the business cycle and can deliver welfare gains.
"Participation, Job Search and Labour Force Attachment" (joint with Tomas Key & Bradley Speigner) - draft coming soon
"Scale and Scope: Under the Hood of Superstar Firms" (joint with Joel Kariel, Marko Melolinna, Jakob Schneebacher & Nik Wolf) - draft coming soon
"Insuring Matches or Workers? Labour Market Policies in Recessions", October 2022
[manuscript]
"Heterogeneous Discounting and Unemployment", October 2021
[manuscript]
"Why is it hard to compare the economic costs of lockdown across countries?" (joint with Michael McMahon), November 2020
"The Job Ladder, Unemployment Risk, and Incomplete Markets", by A. Clymo, P. Denderski, Y. Mercan and B. Schoefer
[slides], prepared for the 5th Mannheim Workshop on Quantitative Macroeconomics, September 2024
"Left for Dead? The French Wage Phillips Curve and the Composition of Unemployment", by F. Ciambezi
[slides], prepared for the Naples School of Economics PhD and Post-Doc Workshop, September 2023