This paper derives optimal employment contracts when workers are risk averse and there are employment and unemployment … risks. Without income insurance, consumption rises during employment and falls during unemployment. Optimal employment … during employment but dismissal delays insure partially against the unemployment risk because of moral hazard. During the …

larger earnings fluctuations than employees and that they frequently transition into unemployment. Given the self …-employed are not eligible to unemployment insurance, I analyze the provision of benefits targeted at these risks using a calibrated …. This exercise suggests that extending the current US unemployment insurance scheme to the self-employed comes with a clear …

for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …

transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX … repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI … extensions across states to estimate the overall impact of these extensions on unemployment duration, comparing the experience … extensions on unemployment transitions and duration. We rely on individual variation in benefit availability based on the …

The objective of this paper is to examine the extent to which an individual?s use of unemployment insurance (UI) as a …

We examine the relationship between unemployment benefits and unemployment using Swedish regional data. To estimate the … effect of an increase in unemployment insurance (UI) on unemployment we exploit the ceiling on UI benefits. The benefit … find fairly robust evidence suggesting that the actual generosity of UI does matter for regional unemployment. Increases in …

50 states and D.C., job search is inversely related to the generosity of unemployment benefits, with an elasticity … of 2.5; 5) job search intensity for those eligible for Unemployment Insurance (UI) increases prior to benefit exhaustion …; 6) time devoted to job search is fairly constant regardless of unemployment duration for those who are ineligible for UI …

We examine the relationship between unemployment benefits and unemployment using Swedish regional data. To estimate the … effect of an increase in unemployment insurance (UI) on unemployment we exploit the ceiling on UI benefits. The benefit … find fairly robust evidence suggesting that the actual generosity of UI does matter for regional unemployment. Increases in …

The paper describes and evaluates unemployment insurance savings accounts (UISAs) - a relatively new and not well …-known way of providing unemployment benefits. The UISAs reduce work disincentives by allowing recipients to keep their own … unused unemployment contributions, and offer the possibility to extend coverage to informal sector workers. In addition, if …