Labor market effects of unemployment insurance design

K. Tatsiramos, J.C. van Ours

Research output: Contribution to journalArticleScientificpeer-review

52 Citations (Scopus)

Abstract

With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate. In this paper, we review the recent theoretical and empirical evidence on the labor market effects of UI design. We also discuss policy issues related to UI design, including the structure of benefits, the role of liquidity constraints and the pros and cons of a UI system in which the generosity of UI benefits is varying over the business cycle. Finally, we identify potential areas of future research.
Original languageEnglish
Pages (from-to)284-311
JournalJournal of Economic Surveys
Volume28
Issue number2
Early online date6 Dec 2012
DOIs
Publication statusPublished - Apr 2014

Keywords

  • job search
  • labor market institutions
  • labor market policy
  • unemployment dynamics
  • unemployment insurance

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