Should unemployment compensation be paid indefinitely at a fixed rate or should it decline (or increase) over a worker …’s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker … optimal insurance program implies a declining sequence of unemployment compensation over the spell of unemployment. Numerical …

Conventional measures of unemployment do not capture all dimensions of joblessness. A case in point is underemployment … among employed workers, also frequently referred to as parttime unemployment. Workers in this category are employed during a … unemployment. By the end of 2009, part-time unemployment stood at almost 5 percent of the labor force in the OECD area. …

-person families receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment …

receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …

Existing unemployment insurance systems in many OECD countries involve a ceiling on insurable earnings. The result is …

Should unemployment compensation be paid indefinitely at a fixed rate or should it decline (or increase) over a worker …'s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features worker … optimal insurance program implies a declining sequence of unemployment compensation over the spell of unemployment. …

shipyard workers and miners. They have higher employment, not higher unemployment, and higher earnings than the comparison …

This paper provides a review of the recent literature on how incentives in unemployment insurance (UI) can be improved …

This paper studies optimal unemployment bene…fit levels and optimal proportional income tax rates over the business … cycle. Previous research suggests that policy makers should make unemployment insurance (UI) dependent on the business cycle … unemployment. An alternative way to redistribute income is to vary tax rates over the business cycle. In this paper, we develop an …

This paper studies optimal unemployment benefit levels and optimal proportional income tax rates over the business … cycle. Previous research suggests that policy makers should make unemployment insurance (UI) dependent on the business cycle … unemployment. An alternative way to redistribute income is to vary tax rates over the business cycle. In this paper, we develop an …