Unemployment Insurance Generosity: A Trans-Atlantic Comparison
Abstract
The goal of this paper is to establish if unemployment insurance policies are more generous in Europe than in the United States, and by how much. We take the examples of France and one particular American state, Ohio, and use the methodology of Pallage, Scruggs and Zimmermann (2008) to find a unique parameter value for each region that fully characterizes the generosity of the system. These two values can then be used in structural models that compare the regions, for example to explain the differences in unemployment rates.Download Info
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Paper provided by University of Connecticut, Department of Economics in its series Working papers with number 2008-43.Length: 13 pages
Date of creation: Nov 2008
Date of revision:
Handle: RePEc:uct:uconnp:2008-43
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Postal: University of Connecticut 341 Mansfield Road, Unit 1063 Storrs, CT 06269-1063
Phone: (860) 486-4889
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Web page: http://www.econ.uconn.edu/
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Related research
Keywords: unemployment insurance; labor market policy; measurement; France;Other versions of this item:
- Stéphane PALLAGE & Lyle SCRUGGS & Christian ZIMMERMANN, 2009. "Unemployment Insurance Generosity: A Transatlantic Comparison," Annales d'Economie et de Statistique, ENSAE, issue 95-96, pages 15-23.
- Pallage, Stéphane & Scruggs, Lyle & Zimmermann, Christian, 2008. "Unemployment Insurance Generosity: A Trans-Atlantic Comparison," IZA Discussion Papers 3869, Institute for the Study of Labor (IZA).
- J65 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment Insurance; Severance Pay; Plant Closings
- E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-12-07 (All new papers)
- NEP-DGE-2008-12-07 (Dynamic General Equilibrium)
- NEP-IAS-2008-12-07 (Insurance Economics)
- NEP-LAB-2008-12-07 (Labour Economics)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wouter Den Haan & Christian Haefke & Garey Ramey, 2001.
"Shocks and Institutions in a Job Matching Model,"
NBER Working Papers
8463, National Bureau of Economic Research, Inc.
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- Wouter Denhaan, 2001. "FORTRAN code for Shocks and Institutions," QM&RBC Codes 62, Quantitative Macroeconomics & Real Business Cycles.
- Lars Ljungqvist & Thomas J. Sargent, 1998.
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Journal of Political Economy,
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- Ljungqvist, L & Sargent, T-J, 1997. "The European Unemployment Dilemma," Research Institute of Industrial Economics Working Papers 481, Research Institute of Industrial Economics (IFN).
- Ljungqvist, Lars & Sargent, Thomas J., 1997. "The European Unemployment Dilemma," Working Paper Series 481, Research Institute of Industrial Economics.
- Carole Brunet & Andrew Clark & Jean-Yves Lesueur, 2006.
"Statut résidentiel et durée de chômage : une comparaison microéconométrique entre la Grande-Bretagne et la France,"
Working Papers
0613, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure.
- Carole Brunet & Andrew Clark & Jean-Yves Lesueur, 2006. "Statut résidentiel et durée de chômage : une comparaisonmicroéconométrique entre la Grande-Bretagne et la France," Post-Print halshs-00118751, HAL.
- Pallage, Stephane & Zimmermann, Christian, 2001. "Voting on Unemployment Insurance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 42(4), pages 903-23, November.
- den Haan, Wouter J. & Haefke, Christian & Ramey, Garey, 2001. "Shocks and Institutions in a Job Matching Model," University of California at San Diego, Economics Working Paper Series qt7x3544bn, Department of Economics, UC San Diego.
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