-term economic outlook, namely the Industrial Production Index and the Unemployment Rate. …

stability, while others experience crises in shorter intervals. To this end, we analyze the duration of stability periods …

types of labour mobility across space (by destination) and time (by duration). …

A common finding of the optimal unemployment insurance literature is that the optimal UI replacement rate is around 50 … unemployment benefits are the only government spending activity. In this paper I show that recommendations for optimal UI levels …

that the introduction of an unemployment insurance program and/or a universal basic income system help eliminate child …

This paper studies the optimal unemployment insurance for older workers in a repeated principal-agent model, where the …). When unemployment benefits are the only available tool, the insurance agency is not able to induce older workers to search … dependent on the length of the unemployment spell. We show that this device performs better than a wage tax after re …

At the end of working life, as well as reducing unemployment benefits, the unemployment-insurance agency could apply …-free. Second, the short job duration before retirement implies that the budgetary return and search incentives associated with the …. Finally, even in the special case where search intensity is zero close to retirement, perfect risk-sharing across unemployment …

. In a fi…rst-best allocation of resources, unemployment benefi…ts should provide perfect insurance against the … unemployment risk, layoff taxes are necessary to induce employers to internalize the cost of dismissing an employee but should not … approximately equal to zero. I obtain an optimal rate of unemployment which is, in general, different from the output maximizing …

This paper studies the optimal unemployment insurance for older workers in a repeated principal-agent model, where the …). When unemployment benefits are the only available tool, the insurance agency is not able to induce older workers to search … dependent on the length of the unemployment spell. We show that this device performs better than a wage tax after re …

Degressivity of unemployment benefits is a major feature of social protection in most industrialised countries: the … the unemployment spell. Moreover degressivity of unemployment benefits has significant distributive effects as the risk of … long-term unemployment varies from one individual to another. This paper proposes a formal model of political support for …