| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3087 |
| DP3087 Monetary Union, Trade Integration, and Business Cycles in 19th Century Europe: Just Do It | |
| Marc Flandreau; Mathilde Maurel | |
| 发表日期 | 2001-11-27 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This Paper analyses the design of optimal unemployment insurance in a search equilibrium framework where search effort among the unemployed is not perfectly observable. We examine to what extent the optimal policy involves monitoring of search effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions represents a welfare improvement for reasonable estimates of monitoring costs; this conclusion holds both relative to a system featuring indefinite payments of benefits and a system with a time limit on unemployment benefit receipt. The optimal sanction rates implied by our calibrated model are much higher than the sanction rates typically observed in European labour markets |
| 主题 | Labour Economics ; Public Economics |
| 关键词 | Unemployment insurance Search Sanctions |
| URL | https://cepr.org/publications/dp3087 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532119 |
| 推荐引用方式 GB/T 7714 | Marc Flandreau,Mathilde Maurel. DP3087 Monetary Union, Trade Integration, and Business Cycles in 19th Century Europe: Just Do It. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
