In the context of a standard equilibrium matching framework, this paper considers how a duration dependent unemployment insurance (UI) system affects the dynamics of unemployment and wages in an economy subject to stochastic job-destruction shocks. It establishes that re-entitlement e¤ects induced by a …nite duration UI program generate intertemporal transfers from …rms that hire in future boom...

This paper constructs a tractable general equilibrium model of search with risk-aversion. An increase in risk-aversion reduces wages, unemployment and investment. Unemployment insurance (UI) has the opposite e ect: insured workers seek high wage jobs with high unemployment risk. An economy with risk-neutral workers achieves maximal output without any UI, but an economy with risk-averse workers ...

Large-scale floods have the potential to generate substantial economic losses. Within Europe, governments have dealt with these losses in different ways, which may or may not have enhanced adaptability of their societies. In this research we develop a classification of insurance and compensation systems to deal with losses from floods. We suggest that, from the perspective of adaptive capacity ...

This paper studies the effects of unemployment policies in a simple static general equilibrium model with adverse selection in the labor market. Firms offer a contract that induces the selfselection of workers. In equilibrium, all unskilled workers are screened out and some skilled workers are rationed out. It is shown that the provision of unemployment insurance (UI) raises involuntary unemplo...

This paper theoretically studies and empirically estimates (1) how spousal labor supply affects bargaining between the husband and wife over their private consumption, and (2) the impact of this intrahousehold bargaining on their reservation wage and unemployment duration. We consider a model of household job search in which the outcomes of bargaining are determined by the sharing rule of Chiap...

Application inconvenience is one popular explanation for why many individuals do not receive the social benefits for which they are eligible. Applications take time and some individuals may decide that the financial benefits do not outweigh these time costs. This paper investigates this explanation using cross-state variation in administrative changes that made applying for unemployment insuran...

Siber dünya, hayatımıza her geçen gün daha fazla dahil olmaktadır. Hatta bir parçası haline gelmektedir. ortamda ortaya çıkan riskler siber çözümler getirmektedir. Günümüz itibarıyla birçok sigorta şirketi hizmeti sunmaya başlamıştır. Beri taraftan, Blokzincir teknolojisinin gelişimi ile ise NFT’ler yaygın kazanmaya başlamaktadır. Bunun sonucunda milyonlarca doları bulan ürünlerin sigortalanmas...

Cyber insurance and ransomware are two of the most studied areas within security research practice to date, their interplay continues raise concerns in industry government. This article offers substantial new insights analysis into complex question whether cyber can help organisations mitigating threat ransomware, particularly its impacts. Having conducted an interview or workshop with 96 profe...

Worms cause correlated failure of many systems in a short span of time. Therefore, automated defensive approaches have been proposed to counter growth of worms. However, in addition to worms, many other kinds of cyber-attacks also exhibit significant correlation, albeit with slightly different properties. We argue that those specific correlation properties manifest because of the interaction be...

In the face of increasing numbers cyber-attacks, it is critical for organisations to understand risk they are exposed even after deploying security controls. This residual forms part ongoing operational environment, and must be understood planned if resilience achieved. However, there a lack rigorous frameworks help reason about how their use controls can change nature potential losses face, gi...