Labor Market Cycles, Unemployment Insurance Eligibility, and Moral Hazard

If entitlement to UI benefits must be earned with employment, generous UI is an additional benefit to working, so, by itself, it promotes job creation. If individuals are risk neutral, then there is a UI contribution scheme that eliminates any effect of UI on employment decisions. As with Ricardian...

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Bibliographic details
Volume: 15
Main Author: Zhang, Min
Faig, Miquel
Format: Journal Article
Language: English
Place of publication: Elsevier for the Society for Economic Dynamics 2012
published in: Review of Economic Dynamics Vol. 15; no. 1; pp. 41 - 56
Data of publication: 2012
Series: Review of Economic Dynamics
Subjects:
Online Access: available in Bonn?
Database: RePEc
RePEc IDEAS
Database information Databases - DBIS