On the Optimal Timing of Benefits with Heterogeneous Workers and Human Capital Depreciation
收藏NBER2006-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12230
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资源简介：
This paper studies the optimal timing of unemployment insurance subsidies in a McCall search model. Risk-averse workers sequentially sample random job opportunities. Our model distinguishes unemployment subsidies from consumption during unemployment by allowing workers to save and borrow freely.
提供机构：
美国国家经济研究局
创建时间：
2006-05-01
