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Unemployment insurance and the labor market


Zweimüller, Josef (2018). Unemployment insurance and the labor market. Labour Economics, 53:1-14.

Abstract

The existing literature assumes that unemployment insurance (UI) affects the labor market through the job finding rate of eligible workers. Recent research has started to broaden the perspective. In this paper, I show evidence for UI effects through three other margins: (i) search externalities; (ii) take-up of other welfare state programs; and (iii) job separations. The evidence suggests that the analysis of optimal UI should take a more comprehensive view of how UI affects the labor market.

Abstract

The existing literature assumes that unemployment insurance (UI) affects the labor market through the job finding rate of eligible workers. Recent research has started to broaden the perspective. In this paper, I show evidence for UI effects through three other margins: (i) search externalities; (ii) take-up of other welfare state programs; and (iii) job separations. The evidence suggests that the analysis of optimal UI should take a more comprehensive view of how UI affects the labor market.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Scopus Subject Areas:Social Sciences & Humanities > Economics and Econometrics
Social Sciences & Humanities > Organizational Behavior and Human Resource Management
Uncontrolled Keywords:Unemployment insurance, extended benefits, unemployment duration, unemployment inflow, layoffs, disability insurance, optimal benefits
Language:English
Date:August 2018
Deposited On:05 Mar 2019 13:45
Last Modified:22 Sep 2023 10:37
Publisher:Elsevier
ISSN:0927-5371
OA Status:Closed
Publisher DOI:https://doi.org/10.1016/j.labeco.2018.06.003
Related URLs:https://www.zora.uzh.ch/id/eprint/147780/