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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 …
Persistent link: https://www.econbiz.de/10012545133
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 …
Persistent link: https://www.econbiz.de/10012591516
up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is …
Persistent link: https://www.econbiz.de/10010259625
Persistent link: https://www.econbiz.de/10000674952
In this paper we investigate experimentally the functioning of a wage tax financed unemployment benefit system on the … development of the budget deficit, unemployment, and some other indicators of economic performance in an international economy. We … facilitate a balancing of the budget has strong adverse effects on unemployment and real GDP. …
Persistent link: https://www.econbiz.de/10011304394
The system of unemployment benefits and subsistence benefits in Slovakia has potentially largedisincentive effects with … respect to the outflow from unemployment to a job. Especially low educatedunemployed and unemployed with young children are ….We find no evidence of disincentive effects of the Slovak unemployment system. …
Persistent link: https://www.econbiz.de/10010338460
Persistent link: https://www.econbiz.de/10001792716
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 …
Persistent link: https://www.econbiz.de/10013274253
It is well known that the take-up rate of the Dutch housing benefit and othermeans tested benefits is substantially below 100%. In order to measure non-take up oneusually has to simulate entitlement to the benefits. In this paper we take a closer look atthe quality of the simulation. We find...
Persistent link: https://www.econbiz.de/10011326977
We investigate numerically how indexation of funded pensions for inflation can be differ-entiated across the various groups of fund participants. The pension arrangement is modelledafter the Dutch situation. While the aggregate welfare consequences are small, group-specific consequences are more...
Persistent link: https://www.econbiz.de/10011382661