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Consider a union of atomistic member states, each faced with idiosyncratic business-cycle shocks. Private cross-border risk-sharing is limited, giving a role to a federal unemployment-based transfer scheme. Member states control local labor-market policies, giving rise to a trade-off between...
Persistent link: https://www.econbiz.de/10012316758
Consider a union of atomistic member states, each faced with idiosyncratic business-cycle shocks. Private cross-border risk-sharing is limited, giving a role to a federal unemployment-based transfer scheme. Member states control local labor-market policies, giving rise to a trade-off between...
Persistent link: https://www.econbiz.de/10012319935
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a fruitful interplay between search theory and empirical work. This research has established that UI matters for labor …
Persistent link: https://www.econbiz.de/10010231630
a fruitful interplay between search theory and empirical work. This research has established that UI matters for labor …
Persistent link: https://www.econbiz.de/10010225828
a fruitful interplay between search theory and empirical work. This research has established that UI matters for labor …
Persistent link: https://www.econbiz.de/10010211384