Arbeitspapier
Business cycle dependent unemployment insurance
The consequences of business cycle contingencies in unemployment insurance systems are considered in a search-matching model allowing for shifts between good and bad states of nature. We show that not only is there an insurance argument for such contingencies, but there may also be an incentive argument. Since benefits may be less distortionary in a recession than a boom, it follows that counter-cyclical benefits reduce average distortions compared to state independent benefits. We show that optimal (utilitarian) benefits are counter-cyclical and may reduce the structural (average) unemployment rate, although the variability of unemployment may increase.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 5196
- Klassifikation
-
Wirtschaft
- Thema
-
unemployment benefits
business cycle
insurance
incentives
Arbeitslosenversicherung
Konjunkturelle Arbeitslosigkeit
Arbeitsplatzsuchmodell
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Andersen, Torben M.
Svarer, Michael
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Andersen, Torben M.
- Svarer, Michael
- Institute for the Study of Labor (IZA)
Entstanden
- 2010
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