effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions …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 deemed insufficient. We find that introducing monitoring and sanctions …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 deemed insufficient. We find that introducing monitoring and sanctions …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 …

monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so … of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and … monitoring and sanctions than in the other two systems. Workfare appears to be inferior to the other two systems. …

effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions …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 …

sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is … that the case for imposing a penalty on less active job search is fairly solid. A growing number of empirical studies …

monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so … of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and … monitoring and sanctions than in the other two systems. Workfare appears to be inferior to the other two systems. …

sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is … that the case for imposing a penalty on less active job search is fairly solid. A growing number of empirical studies …

preferences for leisure. The analysis suggests that a system with monitoring and sanctions restores search incentives most … of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and … effectively, since it brings additional incentives to search actively so as to avoid the sanction. Therefore, the UI provider can …

the distribution of the effects. Job search effort and wages are endogenous in order to deal with the induced effects of …. A reform that would relate this expected duration to search effort does not appear to produce substantial effects on any …