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The Canadian unemployment insurance program is designed to reflect the varying risk of joblessness across regions … unemployment rate. We use a dynamic, heterogeneous-agent model calibrated to Canada to analyze voters preferences between a … uniformly generous unemployment insurance and the current system with asymmetric generosity. We find that Canada's unusual …
Persistent link: https://www.econbiz.de/10005097451
In this paper we compare the welfare effects of unemployment insurance (UI) with a universal basic income (UBI) system … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral …
Persistent link: https://www.econbiz.de/10010440540
large cuts in optimal unemployment insurance benefits when agents are asked to vote on these benefits. We find that it takes … a quite large proportion of "shirkers" to bend the generosity of the unemployment insurance program desired by the … out of unemployment. Our results have important implications in the light of recent unemployment insurance reforms. <P …
Persistent link: https://www.econbiz.de/10005168670
In this paper we compare the welfare effects of unemployment insurance (UI) with a universal basic income (UBI) system … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral …
Persistent link: https://www.econbiz.de/10010468192
unemployment insurance programs to alleviate. We tackle this question in a dynamic general equilibrium model with heterogeneous … an exogenous stochastic process matching key US data. The generosity of the unemployment insurance program is determined … by voting. We run a series of experiments to contrast the optimal public insurance schemes in worlds with and without …
Persistent link: https://www.econbiz.de/10005069240
In this paper we compare the welfare effects of unemployment insurance (UI) with an universal basic income (UBI) system … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral …
Persistent link: https://www.econbiz.de/10011071798
In this paper we compare the welfare effects of unemployment insurance (UI) with an universal basic income (UBI) system … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral …
Persistent link: https://www.econbiz.de/10011076203
In this paper we compare the welfare effects of unemployment insurance (UI) with a universal basic income (UBI) system … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral …
Persistent link: https://www.econbiz.de/10011094077
In this paper we compare the welfare effects of unemployment insurance (UI) with an universal basic income (UBI) system … shocks. While the unemployment insurance program should do a better job at protecting the unemployed, it suffers from moral …
Persistent link: https://www.econbiz.de/10010961580
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 …
Persistent link: https://www.econbiz.de/10011414504