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This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search effort among the unemployed is not perfectly observable. We examine to what extent the optimal policy involves monitoring of search effort and benefit sanctions if observed search is...
Persistent link: https://www.econbiz.de/10005196932
This paper provides a review of the recent literature on how incentives in unemployment insurance (UI) can be improved. We are particularly concerned with three instruments, viz. the duration of benefit payments (or more generally the time sequencing of benefits), monitoring in conjunction with...
Persistent link: https://www.econbiz.de/10005419180
This paper analyses crucial design features of unemployment insurance (UI) policies. We examine three different means of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and workfare. To that end we develop a quantitative model of...
Persistent link: https://www.econbiz.de/10005644587
participation, employment and disposable income. In contrast to earlier studies we are able to capture both entry and exit effects … mandatory activation of welfare receivers reduce overall welfare participation and increases employment. We also find that …
Persistent link: https://www.econbiz.de/10005644579
of labor market programs on youth employment. We find that the slump in the 1990s has been associated with dramatic … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … for labor by skill attributable to technological innovation. The employment crisis has been met by an unprecedented …
Persistent link: https://www.econbiz.de/10005419214
Existing unemployment insurance systems in many OECD countries involve a ceiling on insurable earnings. The result is lower replacement rate for employees with relatively high earnings. This paper examines whether replacement rates should decrease as the level of earnings rises. The framework is...
Persistent link: https://www.econbiz.de/10005771037
This paper examines the incentive effects caused by the interactions between unemployment insurance (UI) and sickness insurance (SI), two important components of Sweden's social insurance system. There are two main topics of interest: how the sickness report rate and the length of the subsequent...
Persistent link: https://www.econbiz.de/10005644650
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