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productivity in the long run, but the economy suffers persistent unemployment in the near term. However, a pro …
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We study the existence of a profitable unemployment insurance market in a dynamic economy with adverse selection … job losses matters. In contrast to conventional wisdom, we find that private unemployment insurance in the US can be … profitable for a relatively short exclusion length of one year. To stimulate the emergence of a private unemployment insurance …
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We survey the literature on social insurance, focusing on recent work that has connected theory to evidence to make …
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This paper studies the implications of individuals' knowledge of future job loss for the existence of an unemployment …
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This paper studies the implications of individuals' knowledge of future job loss for the existence of an unemployment …
Persistent link: https://www.econbiz.de/10012456852