economy. While pointing out that the reform period was 1991 to 1996, it argues that the period up to 1999 must be analysed as … reform period because of the active involvement of the IMF in economic policy formulation. The paper analyses the extent to …, government commitment to reform is critical both for the full implementation of the reforms and for the realisation of the …

reservation wage on unemployment duration. According to estimations there is no statistically significant effect of unemployment … unemployment benefit or social assistance increases the duration of the unemployment period, which indicates the lower offer …

This paper uses U.S. micro level data on employment durations to quantify the effect of potential Unemployment …

In this paper we study the implications of the unemployment insurance (UI) financing system on wage levels and … approach of wage and employment determination and assume that unemployment benefits are financed by employees’ UI contributions …

I study the consequences of heterogeneity of skills for the design of an optimal unemployment insurance, using a … during unemployment due to depreciation of skills and increases on the job because of learning by doing. Any insurance … contract, periods of unemployment are characterised by declining benefits. Agents are further punished for long unemployment by …

If distortions in the labour market lead to inefficiently high unemployment, and policy makers cannot enter into a … may exist in public unemployment insurance policy. I study a model in which trade unions, who set wages, interact with a … policy maker, who decides on the level of unemployment benefits and taxes. The policy maker is assumed to have the same …

This paper analyses a model of private unemployment insurance under limited commitment and a model of public … unemployment insurance subject to moral hazard in an economy with a continuum of agents and an infinite time horizon. The dynamic … and steady-state properties of the private unemployment insurance scheme are established. The interaction between the …

I estimate a life cycle model of consumption choice with unemployment risk. Employed individuals face the risk of …. Following the loss of a job and during unemployment, an agent’s productivity declines. Using micro data, I estimate the … estimated model is used to perform policy simulations that highlight the relationship between the unemployment insurance scheme …

intransigence of the previous regime the IMF and World Bank have taken advantage of political change in Malawi to push a reform … stagnation. The enthusiasm of the World Bank and IMF in pushing for continued reform is further hurting the economy and pushing … reform process, and also allow reasonable time for adjustment, the Bank and Fund is keen to push for reform without shaping …