Jahn, Elke J.; Wagner, Thomas - Institute for the Study of Labor (IZA) - 2008
of a
job at full productivity is set to 100=y ; the UI benefits, 60=b , match the continental Euro-
pean replacement … structured as follows. Section 2 reviews the literature. Section 3 develops the
model. Section 4 presents simulation results … functions, which are
used in order to evaluate the simulation outcomes.
1
2 LITERATURE
There is a growing empirical …