Unemployment Insurance in the Presence of an Informal Sector

We study the effect of UI benefits in a typical developing country where the informal sector is sizeable and persistent. In a partial equilibrium environment, ruling out the macroeconomic consequences of UI benefits, we characterize the stationary equilibrium of an economy where policyholders may be...

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Bibliographic details
Volume: 29
Main Author: David Bardey
Fernando Jaramillo
Ximena Peña
Format: Journal Article
Language: English
Place of publication: Oxford University Press 01.01.2015
published in: The World Bank economic review Vol. 29; no. suppl 1; pp. S126 - S134
Data of publication: 20150101
ISSN: 0258-6770
1564-698X
EISSN: 1564-698X
Discipline: Economics
Subjects:
Online Access: Fulltext
Database: CrossRef
Database information Databases - DBIS