Arbeitspapier

Rebalancing Unemployment Benefits in a Unionized Labour Market.

The basic trade union model is extended to allow for a more sophisticated unemployment benefit system consisting of two benefit levels, one for short-term and one for long-term unemployed, and a rule determining whether an unemployed is short- or long-term. The purpose of this extension is twofold; to get a more realistic analysis of the actual benefit systems in most countries, and to analyse alternative reforms to the traditional one of changing a uniform benefit level. Reforms that rebalance the benefit rates holding constant either expected utility of an unemployed, aggregate benefit expenditures, or aggregate utility of union members can reduce unemployment.

Language
Englisch

Bibliographic citation
Series: EPRU Working Paper Series ; No. 1997-07

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Hansen, Claus Thustrup
Jacobsen, Hans Jørgen
Event
Veröffentlichung
(who)
University of Copenhagen, Economic Policy Research Unit (EPRU)
(where)
Copenhagen
(when)
1997

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hansen, Claus Thustrup
  • Jacobsen, Hans Jørgen
  • University of Copenhagen, Economic Policy Research Unit (EPRU)

Time of origin

  • 1997

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