Income-Contingent Loans As an Unemployment Benefit
收藏NBER2021-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29198
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资源简介：
Imperfections in risk and capital markets imply that individuals who lose jobs suffer from imperfect smoothing of consumption across states and times. Compared to the first best, there will be too little search. Optimal unemployment programs, which balance the marginal benefit of consumption
提供机构：
美国国家经济研究局
创建时间：
2021-08-01
