We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...

Our society faces many risks that affect human life. Cost-benefit analysis is a very popular project-evaluation tool for reducing these social risks. The government has to set projects or regulations whose benefits will outweigh costs. It is quite easy to evaluate costs but how to evaluate the...

International comparisons of labour market institutions and their transfer across boundaries have gained in importance. The paper deals with the question of the best way to proceed in making such comparisons. At the same time the question of the possibilities and limits to institutional transfer...

The prevailing labor market models assume that minimum wages do not affect the labor supply schedule. We challenge this view in this paper by showing experimentally that minimum wages have significant and lasting effects on subjects' reservation wages. The temporary introduction of a minimum...

It is now well established fact that the present policies need to change to give priority to sustainable development. Various measures of satisfaction with life or happiness in developed countries appear not to have risen in recent years despite developed countries' high per capita incomes. The...

This report uses estimates from the Congressional Budget Office to project an unemployment scenario for the Pandemic Recession. We go on to use detailed unemployment and homeless data from the 2008 Great Recession to estimate the linkage between unemployment and homelessness and forecast the...