Following the Great Recession, most states’ unemployment insurance (UI) trust funds became insolvent, requiring the states to borrow from the U.S. Treasury to finance benefit payments. This article describes the basics of UI financing and reviews the origins of the financial crisis facing the...

This paper contributes new evidence from two large household surveys on the compliance of firms with severance pay regulations in Indonesia, and the extent to which changes in severance pay regulations could affect employment rigidity. Compliance appears to be low, as only one-third of workers...

The purpose of this paper is to summarize the presence and importance of Unemployment Compensation in the world today. Summary measures are developed built-up from country-specific detail, and aggregated for the major regions of the world. The paper also summarizes key details about the...

This paper contributes new evidence from two large household surveys on the compliance of firms with severance pay regulations in Indonesia, and the extent to which changes in severance pay regulations could affect employment rigidity. Compliance appears to be low, as only one-third of workers...

The purpose of this paper is to summarize the presence and importance of Unemployment Compensation in the world today. Summary measures are developed built-up from country-specific detail, and aggregated for the major regions of the world. The paper also summarizes key details about the...