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. We are particularly concerned with three instruments, viz. the duration of benefit payments (or more generally the time …
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of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and …, which takes the form of differences in preferences for leisure. All the instruments are ways of limiting the duration of UI …
Persistent link: https://www.econbiz.de/10011509411
This paper analyzes the design of optimal unemployment insurance in a search equilibrium framework where search e¤ort 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...
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. We are particularly concerned with three instruments, viz. the duration of benefit payments (or more generally the time …
Persistent link: https://www.econbiz.de/10001755426
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/10014122877
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