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for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …
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calibrated GE model with uninsurable employment risk, designed to assess the optimal replacement rate for a public Unemployment … calibrating these parameters in similar environments. -- Calibration methods ; Unemployment Risk ; Optimal Unemployment Insurance …
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