This book examines unemployment insurance policy through a survey, taking stock of the theoretical work in the field of labor economics. It closely follows and assesses developments in the modelling of optimal unemployment insurance (UI) policies, beginning with the initial analytical findings...

Chapter 1. Introduction -- Chapter 2. The starting points -- Chapter 3. The optimal level of unemployment insurance -- Chapter 4. The optimal time profile of UI policy -- Chapter 5. Unemployment insurance over the business cycles -- Chapter 6. Some further notes on the role of a UI system --...

The debate on whether high standards of labour market legislation affect economic growth and the rate of employment is topical and important. The contributors to this book address three main issues: * how Taiwan's labour market was able to work so well prior to 1996, maintaining full employment...

This paper studies the reservation wages of unemployed persons and the wages offered them in Germany from 1987 to 1998, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation wages, offered wages decline considerably with...

Globalization has entered a new stage, with new and varying constellations of winners and losers and thus, calls for a new policy paradigm. In contrast to the traditional way of thinking - the welfare state redistributes purchasing power to the disadvantaged to support them in the event of...