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Optimal Unemployment Insurance with Variable Skill Levels

Pollak, Andreas - EconWPA - 2004

I study the consequences of heterogeneity of skills for the design of an optimal unemployment insurance, using a principal-agent set-up with a risk neutral insurer and infinitely lived risk averse agents. Agents, who are characterised by different productivities or skills, are employed by firms...

Persistent link: https://www.econbiz.de/10005408328

Optimal Unemployment Insurance and Voting

Pollak, Andreas - EconWPA - 2005

The framework of a general equilibrium heterogeneous agent model is used to study the optimal design of an unemployment insurance (UI) scheme and the voting behaviour on unemployment policy reforms. In a first step, the optimal defined benefit and defined replacement ratio UI systems are...

Persistent link: https://www.econbiz.de/10005125042

Reservation wages in Estonia

Rõõm, Marit - EconWPA - 2003

This paper analyses the factors determining reservation wages in Estonia, and estimates the influence of the reservation wage on unemployment duration. According to estimations there is no statistically significant effect of unemployment benefit and social assistance on the reservation wage in...

Persistent link: https://www.econbiz.de/10005125743

Unemployment Insurance under Moral Hazard and Limited Commitment: Public vs Private Provision

Thomas, Jonathan P; Worrall, Tim - EconWPA - 2002

This paper analyses a model of private unemployment insurance under limited commitment and a model of public unemployment insurance subject to moral hazard in an economy with a continuum of agents and an infinite time horizon. The dynamic and steady-state properties of the private unemployment...

Persistent link: https://www.econbiz.de/10005556941

Unemployment Durations and Extended Unemployment Benefits in Local Labor Markets

Jurajda, Stepan; Tannery, Frederick J. - EconWPA - 2001

Extended unemployment benefits programs in the US are triggered by the state insured unemployment rate while intrastate demand conditions often vary dramatically. Some tight local labor markets may therefore exhibit a large adverse effect of extended unemployment benefits. Using a competing risk...

Persistent link: https://www.econbiz.de/10005125718

Unemployment Outflow and Unemployment Insurance Taxes

Jurajda, Stepan - EconWPA - 2001

The system of Unemployment Insurance (UI) financing in the US draws its funds from a payroll tax on employers and varies the tax rate according to the individual employer's layoff history. There exists extensive evidence on the effect of this so-called experience rated tax on layoff decisions....

Persistent link: https://www.econbiz.de/10005125768

Die Reform der deutschen Arbeitslosenversicherung vor dem Hintergrund ihrer Geschichte

Glismann, Hans H.; Schrader, Klaus - 2002 - [Elektronische Ressource]

Die Rolle der deutschen Arbeitslosenversicherung wird für vier Perioden seit 1871 daraufhin analysiert, ob man bei der … Suche nach einem effizienten System der Arbeitslosenversicherung aus der Geschichte lernen kann. Die vier Perioden (Periode … die heutige Arbeitslosenversicherung in ihren Kernelementen auf das Jahr 1927 zurück-geht. Als Kernelemente werden die …

Persistent link: https://www.econbiz.de/10010488636

In ow into Unemployment: Employment Spells and Unemployment Insurance

Jurajda, Stepan - EconWPA - 2001

This paper uses U.S. micro level data on employment durations to quantify the effect of potential Unemployment Insurance (UI) entitlement on job separations. Economic theory motivates estimation of a competing risk hazard model for quits and layoffs. The estimation procedure simultaneously...

Persistent link: https://www.econbiz.de/10005125772

Buffer funding of unemployment insurance in a dynamic labour union model

Halko, Marja-Liisa - EconWPA - 2004

In this paper we study the implications of the unemployment insurance (UI) financing system on wage levels and employment when labour markets are unionised and the revenues of the firms are stochastic. We use the basic monopoly union approach of wage and employment determination and assume that...

Persistent link: https://www.econbiz.de/10005126130

Fixed exchange rate regimes, moral hazard and excessive investment : an alternative explanation of the Asian crisis

Fratzscher, Marcel - 1998

Persistent link: https://www.econbiz.de/10000985505

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