Boeri, Tito; Macis, Mario - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008
According to recent and largely untested theories, unemployment benefits (UBs) could improve the extent and quality of … job reallocation even at the cost of increasing unemployment. Using yearly panel data from a large number of countries, we … evaluate empirically the relationship between unemployment benefits and structural change. Unlike previous work assessing the …