Showing 1 - 10 of 23
This paper describes the lottery- and insurance-market equilibrium in an economy with non-convex private- and public … separate insurance market to operate, one for private-sector work, and one for public- sector employment. In addition, given … that the labor choice for private- and public- sector hours is made in succession, the insurance market for public …
Persistent link: https://www.econbiz.de/10011591576
This note describes the lottery- and insurance-market equilibrium in an economy with both private and public sector …, the framework requires that there should be separate insurance markets: a public and a private sector one, which would … pool the unemployment risk of the corresponding group of households. The unemployment insurance market segmentation is a …
Persistent link: https://www.econbiz.de/10011487011
The purpose of this paper is to describe the lottery- and insurance-market equilibrium in an economy with non …). The presence of indivisible labor creates a market incompleteness, which requires that an insurance market for (un …
Persistent link: https://www.econbiz.de/10011997036
This paper describes the lottery- and insurance-market equilibrium in an economy with non-convex market … insurance market to operate - in particular, one for market-sector employment. In addition, given that the labor choice for … market- and informal-sector hours is made in succession, the insurance market for market employment needs to close before the …
Persistent link: https://www.econbiz.de/10011714980
This paper describes the lottery- and insurance-market equilibrium in an economy with non-convex market … requires that an insurance market for market-sector employment be put in operation to achieve market completeness. In addition …, given that the labor choice for market work and informal-sector hours is made in succession, the insurance market for market …
Persistent link: https://www.econbiz.de/10011762754
The purpose of this note is to describe the lottery- and insurance-market equilibrium in an economy with non … incompleteness, which requires that an insurance market for employment be put in operation to "complete" the market. …
Persistent link: https://www.econbiz.de/10011920155
The purpose of this paper is to describe the lottery- and insurance-market equilibrium in an economy with non …). The presence of indivisible labor creates a market incompleteness, which requires that an insurance market for (un …
Persistent link: https://www.econbiz.de/10011925710
This note describes the lottery - and insurance-market equilibrium in an economy with non-convex straight-time and … separate insurance market to operate, one for straight-time work, and one for overtime. In addition, given that the labor … choice for regular and overtime hours is made in succession, the insurance market for overtime needs to open once the …
Persistent link: https://www.econbiz.de/10011956836
The purpose of this note is to describe the lottery- and insurance-market equilibrium in an economy with non … incompleteness, which requires that an insurance market for employment be put in operation to "complete" the market. …
Persistent link: https://www.econbiz.de/10012224666
This paper describes the lottery- and insurance-market equilibrium in an economy with both private and public sector …, the framework requires that there should be separate insurance markets: a public- and private sector one, which would pool … the unemployment risk of the corresponding group of households. The unemployment insurance market segmentation is a new …
Persistent link: https://www.econbiz.de/10011507772