With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate …

This Paper analyses the design of optimal unemployment insurance in a search equilibrium framework where search effort … featuring indefinite payments of benefits and a system with a time limit on unemployment benefit receipt. The optimal sanction …

unemployed (e.g., unemployment insurance, job search monitoring, social assistance, wage subsidies). This paper provides a … duration of the different policies, the dynamic pattern of payments along the unemployment spell, and the emergence of taxes … program starts with standard unemployment insurance, then switches into monitored search and, finally, into social assistance …

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …

We argue that US welfare would rise if unemployment insurance were increased for younger and decreased for older … workers. This is because the young tend to lack the means to smooth consumption during unemployment and want jobs to … accumulate high-return human capital. So unemployment insurance is most valuable to them, while moral hazard is mild. By …

-skilled workers. The stylized facts are that profits are concentrated among the high-skilled, involuntary unemployment is mostly among … the low-skilled, and private unemployment insurance is missing. This paper analyzes the effectiveness of redistribution …

-linear income taxation in the presence of quasi-linear preferences in leisure by allowing for in-voluntary unemployment, job search …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment; and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterized by economic …

The administration of benefits is a relatively neglected aspect of the analysis of disincentive effects of unemployment …

We document the presence of a trade-off between unemployment benefits (UB) and employment protection legislation (EPL … the strictness of EPL, the generosity of UBs and the amount of redistribution involved by the financing of unemployment …