Should Unemployment Insurance Vary With the Unemployment Rate? Theory and Evidence
收藏NBER2011-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17173
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资源简介：
We study how the level of unemployment insurance (UI) benefits that trades off the consumption smoothing benefit with the moral hazard cost of distorting job search behavior varies over the business cycle. Empirically, we find that the moral hazard cost is procyclical, greater when the unemployment
提供机构：
美国国家经济研究局
创建时间：
2011-06-01
