of redistribution: a universal basic income, and a categorical unemployment benefit. Well-being depends on own … labour supply incurs positive marginal disutility, we allow negative welfare effects of unemployment. We also compare …

We compare two systems of income redistribution: unemployment benefits (UB) and basic income (BI). First, for a simple … margins. For given unemployment, lowering UB and raising BI always benefits the unemployed, raises utilitarian welfare and … benefits a poor majority. Reducing unemployment and UB simultaneously can benefit a majority of the employed as well as all …

unemployment spell. We derive simple sufficient-statistics formulae capturing the insurance value and incentive costs of … unemployment benefits paid at different times during the unemployment spell. Our general approach allows to revisit and evaluate in ….We then estimate our sufficient statistics using administrative data on unemployment, income and wealth in Sweden. First, we …

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 …

The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We …, tighter credit leads to lower output, lower number of vacancies, and higher directed-search unemployment. Where workers are …

public social expenditures and a high unemployment rate are associated with a small positive (or no) immediate impact on …

Economies with low unemployment often have high disability rates. In Norway, the permanent disability insurance rolls … outnumber registered unemployment by four to one. Based on administrative register data matched with firms' financial statements … percent of all new disability insurance claims. We conclude that unemployment and disability insurance are close substitutes …

In most countries, the unemployed are entitled to unemployment benefits only if they have previously worked a minimum … period of time. This institutional feature creates a sharp change at eligibility in the disutility from unemployment and may … relatively long period to collect benefits. We find that monthly transitions from employment to unemployment increase by 10% as …

This study examines the determinants of job-finding rates of unemployment benefit recipients under the Chilean program … the form of unemployment insurance savings accounts (UISAs) - so as to mitigate the moral hazard problem of traditional … unemployment insurance programs. Our study is the first one to empirically investigate whether UISAs improve work incentives. We …