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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| 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 |