Labor Market Effects of Unemployment Insurance Design
نویسندگان
چکیده
منابع مشابه
Labor Market Cycles and Unemployment Insurance Eligibility
If entitlement to UI bene ts must be earned with employment, generous UI is an additional bene t to an employment relationship, so it promotes job creation. If individuals are risk neutral, UI is fairly priced, and the UI system prevents moralhazard unemployed workers, the generosity of UI has no e¤ect on unemployment. As with Ricardian Equivalence, this result should be useful to pinpoint the ...
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The existing literature assumes that unemployment insurance (UI) a↵ects the labor market through the job finding rate of eligible workers. I argue that this focus is too narrow. I show evidence for UI e↵ects through three other margins: (i) search externalities; (ii) takeup of other welfare state programs; and (iii) job separations. This suggests that the analysis of optimal UI should take a mo...
متن کاملLabor market cycles, unemployment insurance eligibility, and moral hazard
a r t i c l e i n f o a b s t r a c t If entitlement to UI benefits must be earned with employment, generous UI is an additional benefit to working, so, by itself, it promotes job creation. If individuals are risk neutral, then there is a UI contribution scheme that eliminates any effect of UI on employment decisions. As with Ricardian Equivalence, this result should be useful to pinpoint the e...
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The aim of this article is to analyze the effects of housing discrimination on the wages and unemployment rates of black workers. The unemployment effect is first analyzed using a simple minimum-wage model. An efficiency-wage model is then adopted in order to endogenize both unemployment and wages. Under both models, suburban housing discrimination leads to a higher unemployment rate for blacks...
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Labor Market Institutions and Long-Term Effects of Youth Unemployment Graduating from a school during a time of adverse economic conditions has a persistent, harmful effect on workers’ subsequent employment opportunities. An analysis of panel data from OECD countries during the 1960-2010 periods reveals that a worker who experiences a one-percentage-point higher unemployment rate while the work...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2165198