Optimal unemployment insurance design: Time limits, monitoring, or workfare?
نویسندگان
چکیده
منابع مشابه
Optimal unemployment insurance design: Time limits, monitoring, or workfare
This paper analyses crucial design features of unemployment insurance (UI) policies. We examine three different means of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and workfare. To that end we develop a quantitative model of equilibrium unemployment. The model features worker heterogeneity in preferences for leisure. The numerical...
متن کاملOptimal Unemployment Insurance
We investigate the design of an optimal Unemployment Insurance program using an equilibrium search and matching model calibrated using data from the reemployment bonus experiments and secondary sources. We examine (a) the optimal potential duration of UI benefits, (b) the optimal UI replacement rate when the potential duration of benefits is optimal, and (c) the optimal UI replacement rate when...
متن کاملOptimal Unemployment Insurance
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متن کاملThe Optimal Payment of Unemployment Insurance Benefits over Time
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your perso...
متن کاملOptimal Unemployment Insurance in Search Equilibrium
Should unemployment benefits be paid indefinitely at a fixed rate or should it decline (or increase) over a worker’s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker-firm bargaining over wages, free entry of new jobs, and endogenous search effort among the unemployed. The main result is that an optimal insurance program imp...
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ژورنال
عنوان ژورنال: International Tax and Public Finance
سال: 2006
ISSN: 0927-5940,1573-6970
DOI: 10.1007/s10797-006-6249-3