between high wages and low unemployment risk. A higher marginal tax rate shifts the trade-off in favor of low unemployment … risk, whereas a higher tax burden or unemployment benefit has the opposite effect. Changes in unemployment generate fiscal … and that the provision of unemployment insurance justifies a positive marginal tax rate even without income heterogeneity …

We study risk-based selection into a voluntary unemployment insurance (UI) scheme. To disentangle behavioral effects … find that individuals who sign up for UI are negatively selected in terms of subsequent unemployment. However, we find …

selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …

transition out of unemployment. We show that rationing of the demand for training increases theunemployment duration of non …

where workers apply for just one job exhibits unemployment and absence of wage dispersion; (ii) an equilibrium where workers … apply for two or for more (but not for all) jobs always exhibits wage dispersion and, typically, unemployment; (iii) the … equilibrium wage distribution with a higher vacancy-to-unemployment ratio first-order stochastically dominates the wage …

rate) and unemployment in Japan for the period between 1972 and 2002. We find that, although Japan’s unemployment rate has … been influenced by specific exogenous shocks, the effects of entrepreneurship on unemployment are not different when …

We study the existence of a profitable unemployment insurance market in a dynamic economy with adverse selection … job losses matters. In contrast to conventional wisdom, we find that private unemployment insurance in the US can be … profitable for a relatively short exclusion length of one year. To stimulate the emergence of a private unemployment insurance …