Hassler, J.; Mora, J.V.R.; Storesletten, K.; Zilibotti, F. - Institute for International Economic Studies (IIES), … - 1999
In this paper, the authors incorporate a positive theory of unemployment insurance into a dynamic overlapping … generations model with search-matching frictions and on-the-job learning-by-doing. The model shows that societies populated by … unemployment insurance levels in a politico-conomic equilibrium. …