We present a simple model where unemployment benefits are determined in an economy in which there is endogenous delay in finding a job so that workers desire insurance against the possibility of unemployment.
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Paper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number
99180.
Find related papers by JEL classification: J61 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Geographic Labor Mobility; Immigrant Workers J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search J65 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment Insurance; Severance Pay; Plant Closings J69 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Other
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Hassler, John & Mora, José & Storesletten, Kjetil & Zilibotti, Fabrizio, 1999.
"Equilibrium Unemployment Insurance,"
Seminar Papers
665, Stockholm University, Institute for International Economic Studies.
[Downloadable!]
Other versions:
John Hassler & José V. Rodríguez Mora & Kjetil Storesletten & Fabrizio Zilibotti, 1998.
"Equilibrium Unemployment Insurance,"
Economics Working Papers
605, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 1999.
[Downloadable!]
Hassler, J. & Mora, J.V.R. & Storesletten, K. & Zilibotti, F., 1999.
"Equilibrium Unemployment Insurance,"
Papers
665, Stockholm - International Economic Studies.
Di Tella, R. & MacCulloch, R.J.: Oswald, A.J., 1997.
"The Macroeconomics of Happiness,"
Papers
19, Centre for Economic Performance & Institute of Economics.