The framework of a general equilibrium heterogeneous agent model is used to study the optimal design of an unemployment … insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and …

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 …

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 …

Extended unemployment benefits programs in the US are triggered by the state insured unemployment rate while intrastate … extended unemployment benefits. Using a competing risk duration model, this paper measures the size of the entitlement effect … job hazard, the entitlement effect is stronger in low unemployment labor markets. This finding is robust across a number …

The system of Unemployment Insurance (UI) financing in the US draws its funds from a payroll tax on employers and … measures the effect of the UI financing system on the duration of unemployment. Using duration data is essential since tax … charges to the firm vary over the duration of unemployment spells. Empirical results based on data with various sources of …

In this paper, the effects of alternatives to finance unemployment benefits on employment and wages are examined in a … model with search generated equilibrium unemployment. It is demonstrated that employment improves if a value--added tax is …

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 …

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 …