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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/10010317971
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/10010262603
relative effectiveness of different kinds of programs over the business cycle. In particular we compare an on-the-job training … scheme with (traditional) labor market training. We find that labor market training is relatively more effective in recession …. This result is consistent with our priors since labor market training features relative large lock-in effects. …
Persistent link: https://www.econbiz.de/10010273976
We investigate a prevalent, but understudied, employment protection policy: mandatory advance notice (MN), requiring employers to notify employees of forthcoming layoffs. MN increases future production, as notified workers search on the job, but reduces current production as they supply less...
Persistent link: https://www.econbiz.de/10012657914
This Paper analyses 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/10005498018
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/10005423975
In all OECD countries, Mandatory Notice (MN) policies require firms to inform workers in advance of a layoff. In our theoretical framework, MN helps workers avoid unemployment and find better jobs by encouraging workers to search for a new job while still employed, thereby increasing future...
Persistent link: https://www.econbiz.de/10015130126
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/10005763574
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/10005651818
and increase mobility in the longer run. We consider two prototype programs: job creation programs and training programs …
Persistent link: https://www.econbiz.de/10005651864