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Severance pay, a fixed-sum payment to workers at job separation, has been the focus of intense policy concern for the last several decades, but much of this concern is unearned. The design of the ideal separation package is outlined and severance pay emerges as a natural component of job...
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schedule of benefit payments, we describe how informal sector participation changes over the duration of unemployment, in turn …This paper investigates the incentives that may induce workers to supplement income from unemployment benefits by … analysis identifies scope for reallocation of resources towards less generous programmes within unemployment protection, which …
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Es wird untersucht, wie ein System privater Versicherungen gegen das Risiko der Arbeitslosigkeit beschaffen sein sollte … Verminderung von Arbeitslosigkeit gibt. Für die Arbeitnehmer wird ein Modell zur Bestimmung des individuellen Risikos und der …The authors suggest a dual-system model of private unemployment insurance that includes incentives on the side of …
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The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a … productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant. The only …
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