-finding rates and the more standard view of negative effects. When unemployment compensation, if any, is low enough, we argue that … conclusion as well. Looking specifically at unemployment compensation, its optimal level is generally higher than when a lower …

incentives as it reduces the attractiveness of remaining a low-educated worker. However, unemployment also increases …

-finding rates and the more standard view of negative effects. When unemployment compensation, if any, is low enough, we argue that … conclusion as well. Looking specifically at unemployment compensation, its optimal level is generally higher than when a lower …

incentives as it reduces the attractiveness of remaining a low-educated worker. However, unemployment also increases …