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Can welfare abuse be welfare improving?

Abstract:

I analyze quantitatively a model of labor search with unemployment insurance (UI), savings, voluntary quits and various labor attachment requirements. In particular, I study welfare consequences of a powerful reform giving UI entitlement to workers quitting their jobs voluntarily in order to search for another one. Results of the model calibrated to the US labor market show that there may be significant welfare gains associated with pursuing a generous entitlement policy for quitters as compa...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1016/j.jpubeco.2016.07.001

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Institution:
University of Oxford
Oxford college:
Trinity College
Role:
Author
Publisher:
Elsevier Publisher's website
Journal:
Journal of Public Economics Journal website
Volume:
141
Pages:
11-28
Publication date:
2016-07-09
Acceptance date:
2016-07-01
DOI:
ISSN:
0047-2727
Language:
English
Keywords:
Pubs id:
1107335
Local pid:
pubs:1107335
Deposit date:
2020-08-12

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