Showing 1 - 10 of 353
This paper investigates the incentives that may induce workers to supplement income from unemployment benefits by … schedule of benefit payments, we describe how informal sector participation changes over the duration of unemployment, in turn … analysis identifies scope for reallocation of resources towards less generous programmes within unemployment protection, which …
Persistent link: https://www.econbiz.de/10012929479
We present a theoretical model of moral hazard and adverse selection in an imperfectly competitive loans market that is suitable for application to Africa. The model allows for variation in both the level of contract enforcement (depending on the quality of governance) and the degree of market...
Persistent link: https://www.econbiz.de/10013044553
We completely characterize the set of second-best optimal “menus”of student-loan contracts in a simple economy with risky labour-market outcomes, adverse selection, moral hazard and risk aversion. The model combines structured student loans and an elementary optimal income-tax problem à la...
Persistent link: https://www.econbiz.de/10013080006
We study the effects of improvements in market transparency on eBay on seller exit and continuing sellers' behavior. An improvement in market transparency by reducing strategic bias in buyer ratings led to a significant increase in buyer valuation especially of sellers rated poorly prior to the...
Persistent link: https://www.econbiz.de/10013060478
This paper studies a contracting problem where agents' cost of actions is private information. With two actions, this leads to a two-dimensional screening problem with moral hazard. There is a natural one-dimensional ordering of types when there is both adverse selection and moral hazard....
Persistent link: https://www.econbiz.de/10012947518
We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset … incentive to save and fewer private resources are used for consumption smoothing during unemployment. Our results show that in a … time-discount factors. We conclude that the current U.S. unemployment insurance system is approximately optimal …
Persistent link: https://www.econbiz.de/10013078913
unemployment as well as across different subgroups of participants. We find that participating in short-term training reduces the … remaining time in unemployment and moderately increases job stability. Long-term training programs initially prolong the … remaining time in unemployment, but once the scheduled program end is reached participants exit to employment at a much faster …
Persistent link: https://www.econbiz.de/10013105144
For individuals who experience job loss, enrollment in post-secondary programs may provide an opportunity to improve future employment outcomes. However, decisions to enroll may be hampered by insufficient information about the benefits and costs and the necessary steps and assistance available...
Persistent link: https://www.econbiz.de/10012955192
between internal migration and regional variation in the generosity of Canada's unemployment insurance system. It has long …
Persistent link: https://www.econbiz.de/10013124105
Unemployment Insurance (UI) scheme in which job search requirements are imposed on UI recipients with hyperbolic preferences. We …
Persistent link: https://www.econbiz.de/10013083261