Efficient Unemployment Insurance
收藏NBER1998-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6686
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资源简介：
This paper constructs a tractable general equilibrium model of search with risk-aversion. An increase in risk-aversion reduces wages, unemployment, and investment. Unemployment insurance (UI) has the reverse effect due to market generated moral hazard: insured workers seek high wage jobs with high
提供机构：
美国国家经济研究局
创建时间：
1998-08-01
