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Labor Market Effects of Unemployment Insurance Design

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  • Tatsiramos, K.
  • Ours, J.C. van

    (Tilburg University, Center for Economic Research)

Abstract

Abstract: With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate. In this paper, we review the recent theoretical and empirical evidence on the labor market effects of UI design. We also discuss policy issues related to UI design, including the structure of benefits, the role of liquidity constraints and the pros and cons of a UI system in which the generosity of UI benefits is varying over the business cycle. Finally, we identify potential areas of future research.

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Bibliographic Info

Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2012-082.

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Date of creation: 2012
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Handle: RePEc:dgr:kubcen:2012082

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Related research

Keywords: Unemployment insurance; unemployment dynamics; job search; labor market policy; labor market institutions;

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Cited by:
  1. Machikita, Tomohiro & Kohara, Miki & Sasaki, Masaru, 2013. "The Effect of Extended Unemployment Benefit on the Job Finding Hazards: A Quasi-Experiment in Japan," IZA Discussion Papers 7559, Institute for the Study of Labor (IZA).
  2. Bertil Holmlund, 2014. "What Do Labor Market Institutions Do?," CESifo Working Paper Series 4582, CESifo Group Munich.

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