Brown, Alessio J. G.; Orszag, J. Michael; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2006
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …