Blumkin, Tomer; Hadar, Yossi; Yashiv, Eran - C.E.P.R. Discussion Papers - 2003
The Paper examines the time sequencing of UI benefits in a general equilibrium framework, with random matching and … endogenously determined wages. A key feature of the model is that policymakers exploit random matching to produce some assortative … matching through UI policy. The Paper considers a mechanism whereby a declining UI time profile makes unemployed workers …