Abstract
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 language | English |
|---|---|
| Place of Publication | Tilburg |
| Publisher | Economics |
| Number of pages | 41 |
| Volume | 2012-082 |
| Publication status | Published - 2012 |
Publication series
| Name | CentER Discussion Paper |
|---|---|
| Volume | 2012-082 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 1 No Poverty -
SDG 8 Decent Work and Economic Growth
Keywords
- Unemployment insurance
- unemployment dynamics
- job search
- labor market policy
- labor market institutions
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