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. …

In this paper we compare the welfare effects of unemployment insurance (UI) with an universal basic income (UBI) system … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral …

Several European countries have reformed their labor market institutions. Incentive effects of unemployment benefits … have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment … levels and labor productivity. In our model, a higher level of unemployment benefits improves the works position in wage …

1970 – 2011 and explicitly analyze the effects of unemployment and labor market institutions on suicide rates. In line with … a large body of literature our results suggest that unemployment increases suicide mortality, while real economic growth … tends to decrease suicides. The results also indicate that unemployment benefits decrease suicides of males, while …

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

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

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 …

transitory wages and characterise flexicurity using membership of unemployment insurance funds. We find that flexicurity is … selection into unemployment insurance membership, robustness checks suggest that moral hazard is the relevant interpretation. …

The current unemployment insurance and employment protection legislation were set up in an environment in which …