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The role of unemployment insurance during the economic and financial crisis [PDF]
The aim of this paper is to discuss the role of unemployment insurance during recession. Firstly, it presents a brief literature review, according to which unemployment insurance works as a built-in stabilizer for the economy.
Anca-Stefania SAVA
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The Canadian Unemployment Insurance Generosity: Reflections From A Comparative Analysis [PDF]
The unemployment compensation system is at the centre of the current economic and political debate in many Western countries which, under the effects of the increase in public debt, must decide the level of their unemployment insurance while taking into ...
Samir Amine
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Measuring Unemployment Insurance Generosity [PDF]
Unemployment insurance policies are multidimensional objects, with variable waiting periods, eligibility duration, benefit levels, and asset tests, making intertemporal or international comparisons very difficult. Furthermore, labor market conditions, such as the likelihood and duration of unemployment, matter when assessing the generosity of different
Pallage, Stephane +2 more
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Optimal Unemployment Insurance [PDF]
This paper considers the design of an optimal unemployment insurance system. The problem is modeled as a repeated principalagent problem involving a risk‐averse agent‐the unemployed worker‐and a risk‐neutral principal, which cannot monitor the agent's search effort.
Hopenhayn, Hugo A, Nicolini, Juan Pablo
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The paper deals with the suitability of the introduction of unemployment reinsurance in the countries of the European Union (URS EU) in terms of maintaining the level of consumption of the unemployed and promoting economic efficiency.
Aleš Trunk, Igor Stubelj
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The Swedish public unemployment insurance program is characterized by its governance structure involving union-linked insurance funds, famously known as the Ghent system. This paper argues that the unions’ strongly entrenched interest in the provision of
Jayeon Lindellee
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Equilibrium Unemployment Insurance [PDF]
In this paper, we 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 identical rational agents, but differing in the initial distribution of human capital across agents, may ...
Hassler, John +3 more
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Is Property an Insurance or an Additional Burden? Financial Stress Among Homeowners in Europe
A crucial function of wealth is to protect individuals from the consequences of adverse life events. However, sometimes wealth also implies additional financial risks. In addition to the insurance function of homeownership (the most common form of wealth)
Martin Heidenreich, Sven Broschinski
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Research on the Coverage Expansion and Optimization Strategy of Unemployment Insurance System Based on the Comparison between China and Britain [PDF]
A multi-level social security system is being proposed by the Chinese government, and all social insurance systems must meet the requirements of universality and ensure full coverage.
Xiao Ruolan
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Unemployment is one of the economic disorders that affect the economic growth rate. In addition, the recent pandemic outbreak has turned the medical crisis into a global financial downturn, threatening the health and employment of people around the world.
Quisty Prima Zanellia +2 more
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