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Optimal unemployment insurance [PDF]

open access: yesJournal of Public Economics, 1995
Abstract We investigate the design of an optimal unemployment insurance program using an equilibrium search model calibrated using data from the reemployment bonus experiments. There are three main conclusions. First, insurance considerations suggest that the potential duration of Ul benefits would be unlimited under an optimal program.
Carl Davidson, Stephen A. Woodbury
openaire   +5 more sources

Racial Inequality in Unemployment Insurance Receipt and Take-Up

open access: yesSocial Science Research Network, 2021
This paper studies differences in receipt and take-up of unemployment insurance (UI) benefits among white and Black individuals. We combine state-level UI regulations with data containing detailed information on individuals’ work history and UI receipt ...
Elira Kuka, B. Stuart
semanticscholar   +1 more source

Unemployment Insurance Fraud [PDF]

open access: yesEconomic Synopses, 2012
Concealed Earnings fraud accounts for almost two-thirds of the total overpayments due to all fraud.
David L. Fuller   +2 more
openaire   +2 more sources

A Social Insurance Perspective on Pandemic Fiscal Policy: Implications for Unemployment Insurance and Hazard Pay

open access: yesJournal of Economic Perspectives, 2021
This paper considers fiscal policy during the pandemic through the lens of optimal social insurance. We develop a simple framework to analyze how government taxes and transfers could mimic the insurance that people would like to have had against pandemic
Christina D. Romer, D. Romer
semanticscholar   +1 more source

The Introduction of an eu Unemployment Reinsurance System: Income Protection and Maintenance of Consumption

open access: yesManaging Global Transitions, 2022
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
doaj   +3 more sources

Optimal Unemployment Insurance [PDF]

open access: yesJournal of Political Economy, 1997
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
openaire   +1 more source

Transformation of the Ghent System in Sweden: Silent Institutionalization of Complementary ­Unemployment­ Benefits

open access: yesNordic Journal of Working Life Studies, 2020
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
doaj   +3 more sources

Equilibrium Unemployment Insurance [PDF]

open access: yesSSRN Electronic Journal, 2003
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
openaire   +6 more sources

Is Property an Insurance or an Additional Burden? Financial Stress Among Homeowners in Europe

open access: yesSocial Inclusion, 2023
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
doaj   +1 more source

Research on the Coverage Expansion and Optimization Strategy of Unemployment Insurance System Based on the Comparison between China and Britain [PDF]

open access: yesSHS Web of Conferences
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
doaj   +1 more source

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