receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …

unemployment insurance scheme. We show that such immigration can create a negative immigration surplus due to adverse effects on …

unemployment. Four main results are derived: (i) the optimal size of the welfare state depends on the degree of risk-aversion and … the unemployment rate as a measure of labor income risk. The unemployment rate partly reflects the country’s exposure to … globalization; (ii) corporate taxation and social insurance have equivalent effects on unemployment and outbound FDI; (iii) while an …

challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance … markets are missing. The main results are: (i) outsourcing raises unemployment and labor income risk ofunskilled workers; (ii … welfare optimal redistribution and unemployment insurance policies. …

public unemployment insurance program requiring a significant premium payment. A safety net program--a less generous, means …

unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …

High unemployment in many OECD countries is often attributed, at least in part, to the generosity and long duration of … unemployment compensation. It is therefore instructive to examine a country where high unemployment exists despite the near … complete absence of an unemployment insurance system. In South Africa unemployment stood at 23% in 1997 and the unemployed have …

program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non … unemployment duration and probability of long term unemployment decrease. These effects are the largest when the program intensity …

We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset … incentive to save and fewer private resources are used for consumption smoothing during unemployment. Our results show that in a … time-discount factors. We conclude that the current U.S. unemployment insurance system is approximately optimal. …