Re-entitlement Effects with Duration Dependent Unemployment Insurance in a Stochastic Matching Equilibrium

In the context of a standard equilibrium matching framework, this paper considers how a duration dependent unemployment insurance (UI) system affects the dynamics of unemployment and wages in an economy subject to stochastic job-destruction shocks. It establishes that re-entitlement effects induced...

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Bibliographic details
Main Author: Masters, Adrian M
Coles, Melvyn Glyn
Format: Paper
Language: English
Place of publication: 03.12.2006
Related: Society for Economic Dynamics
Data of publication: 2006/12/03
Series: 2006 Meeting Papers
Online Access: available in Bonn?
Database: RePEc
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