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The Cost of Business Cycles and the Stabilization Value of Unemployment Insurance

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Author Info
Beaudry, P.
Pages, C.

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Abstract

This paper offers a new perspective on why labor market policies aimed at reducing the cost of business cycles may be warranted and how such policies should be designed in order to improve welfare.

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Publisher Info
Paper provided by UBC Department of Economics in its series UBC Departmental Archives with number 96-05.

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Length: 42 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:ubc:bricol:96-05

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Related research
Keywords: UNEMPLOYMENT INSURANCE; BUSINESS CYCLES; GOVERNMENT POLICY; LABOUR MARKET;

Other versions of this item:

Find related papers by JEL classification:
J60 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - General
J65 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment Insurance; Severance Pay; Plant Closings
J68 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Public Policy
E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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This page was last updated on 2009-10-30.

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