The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … transitions are influenced by social insurance benefits available for sick or unemployed workers. We examine how these benefits … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … transitions are influenced by social insurance benefits available for sick or unemployed workers. We examine how these benefits … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …

the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to full-time employment. We …

the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to fulltime employment. We …

the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to fulltime employment. We …

econometric testing. The evolution of the economic analysis of unemployment insurance provides a good illustration. New … the economic analysis of unemployment insurance as it has evolved since the 1970s. …A hallmark of modern labor economics is the close interplay between the development of theory, data sources and …

is that an optimal insurance program implies a declining sequence of unemployment compensation over the spell of …Should unemployment compensation be paid indefinitely at a fixed rate or should it decline (or increase) over a worker … s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features …

In June 1995, the Swedish parliament decided to cut the replacement rate in unemployment insurance from 80 percent to …