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Persistent link: https://www.econbiz.de/10009702530
I model job-search monitoring in the optimal unemployment insurance framework, in which job-search effort is the worker’s private information. In the model, monitoring provides costly information upon which the government conditions unemployment benefits. Using a simple one-period model with...
Persistent link: https://www.econbiz.de/10012042453
Individual unemployment accounts (IUAs) attenuate the moral hazard attached to unemployment insurance. However, the available literature provides no policy recommendation about what percentage of the contributions should go to IUAs. We propose criteria of actuarial neutrality and use a simple...
Persistent link: https://www.econbiz.de/10011966247
The paper argues that a comprehensive activation strategy is called for – in both unemployment and disability insurance – to minimize the conflict between income insurance and work incentives and to prevent the economic crisis from causing a long-lasting decline in labor force participation....
Persistent link: https://www.econbiz.de/10009687326
The paper analyzes key labor market and institutional features of developing countries that affect functioning of unemployment insurance: a large informal sector, weak administrative capacity, and large political risk. It argues that these countries should tailor an OECD-style unemployment...
Persistent link: https://www.econbiz.de/10009728327
could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while … drawing a pension before reaching the normal retirement age, could create the necessary conditions for reaching this goal. The … impact of partial retirement on employment will be simulated below. The results show that unrestricted access to partial …
Persistent link: https://www.econbiz.de/10011762779
Individual unemployment accounts (IUAs) attenuate the moral hazard attached to unemployment insurance. However, the available literature provides no policy recommendation about what percentage of the contributions should go to IUAs. We propose criteria of actuarial neutrality and use a simple...
Persistent link: https://www.econbiz.de/10012290394
I model job-search monitoring in the optimal unemployment insurance framework, in which job-search effort is the worker's private information. In the model, monitoring provides costly information upon which the government conditions unemployment benefits. Using a simple one-period model with two...
Persistent link: https://www.econbiz.de/10012215384
The paper argues that a comprehensive activation strategy is called for - in both unemployment and disability insurance - to minimize the conflict between income insurance and work incentives and to prevent the economic crisis from causing a long-lasting decline in labor force participation. A...
Persistent link: https://www.econbiz.de/10010331989
Persistent link: https://www.econbiz.de/10003924204