Tuning unemployment insurance to the business cycle

High unemployment and its social and economic consequences have lent urgency to the question of how to improve unemployment insurance in bad times without jeopardizing incentives to work or public finances in the medium term. A possible solution is a rule-based system that improves the generosity of unemployment insurance (replacement rate, benefit duration, eligibility conditions) when unemployment is high and reduces the generosity when it is low.

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Year of publication:	2014
Authors:	Andersen, Torben M.
Published in:	IZA World of Labor. - Bonn : Institute for the Study of Labor (IZA), ISSN 2054-9571. - 2014
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	unemployment benefits \| insurance \| incentives \| automatic stabilizers

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.15185/izawol.54 [DOI] 846718782 [GVK] hdl:10419/125278 [Handle] RePEc:iza:izawol:journl:y:2014:n:54 [RePEc]
Classification:	J6 - Mobility, Unemployment, and Vacancies ; H3 - Fiscal Policies and Behavior of Economic Agents
Source:	EconStor

Persistent link: https://www.econbiz.de/10011404876