granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …

effects on native unskilled wages, employment and occupational mobility. …

pension payments. Therefore, such accounts make unemployment less attractive, intensify job search, and raise employment. In … the present paper the wage and employment consequences of UISAs are investigated in a model of collective wage … bargaining creates additional impediments for the positive employment consequences of UISAs. …