First published in 1986, Insurance for Unemployment proposes a radical approach to the reform of unemployment and … of social insurance, and the book provides an original basis for privatising unemployment insurance. Conventional … social insurance. The book develops the ethical, economic and actuarial case for the proposed reforms, whereby the individual …

transactions cost-mobility constraints. Contracts provide full unemployment insurance for risks that are diversifiable by pooling … response to demand and productivity shifts. Unemployment is sustained because the marginal value of labor is not equated across … among firms. Nondiversifiable (macro) risks are only partially shifted,largely through self-insurance (contingency saving …

I interpret the empirical evidence on government spending multipliers using an equilibrium model of unemployment in … that accounts for growth in the working population. At insurance levels below a certain threshold, the positive effects of … consumption cost of unemployment …

transactions cost-mobility constraints. Contracts provide full unemployment insurance for risks that are diversifiable by pooling … response to demand and productivity shifts. Unemployment is sustained because the marginal value of labor is not equated across … among firms. Nondiversifiable (macro) risks are only partially shifted,largely through self-insurance (contingency saving …

up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is …Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start … UI choice process. Results show that the causal effect of insurance on the probability of starting up a venture is …

up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is …Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start … UI choice process. Results show that the causal effect of insurance on the probability of starting up a venture is …