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Unemployment Insurance in Theory and Practice

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  • Holmlund, Bertil

Abstract

A hallmark of modern labor economics is the close interplay between the development of theory, data sources, and econometric testing. The evolution of the economic analysis of unemployment insurance provides a good illustration. New theoretical approaches, in particular job-search theory, have inspired a large amount of empirical research, some of it methodologically innovative and most of it highly relevant for economic policy. This paper presents a broad survey and an assessment of the economic analysis of unemployment insurance as it has evolved since the 1970s. Copyright 1998 by The editors of the Scandinavian Journal of Economics.

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Article provided by Wiley Blackwell in its journal Scandinavian Journal of Economics.

Volume (Year): 100 (1998)
Issue (Month): 1 (March)
Pages: 113-41

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Handle: RePEc:bla:scandj:v:100:y:1998:i:1:p:113-41

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