Fabre, Alice; Pallage, Stéphane; Zimmermann, Christian - CESifo - 2014
manage and immune to moral hazard, may represent an interesting alternative in this context. We work within a dynamic … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral … hazard and substantial monitoring costs, which may threaten its usefulness. The universal basic income, which is simpler to …