Optimal Unemployment Insurance in a Matching Equilibrium

This article considers optimal unemployment insurance (UI) in an equilibrium matching framework where wages are determined by strategic bargaining. It compares the outcome with the standard Nash bargaining approach, which can be interpreted as union wage bargaining with an insider/outsider distortio...

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Bibliographic details
Volume: 24
Main Author: Masters, Adrian M
Coles, Melvyn Glyn
Format: Journal Article
Language: English
Place of publication: University of Chicago Press 2006
published in: Journal of Labor Economics Vol. 24; no. 1; pp. 109 - 138
Data of publication: 2006
Series: Journal of Labor Economics
Online Access: available in Bonn?
Database: RePEc
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