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The design of unemployment transfers: evidence from a dynamic structural life-cycle model

Abstract:

In this paper we use a dynamic structural life-cycle model to analyze the employment, fiscal and welfare effects induced by unemployment insurance. The model features a detailed specification of the tax and transfer system, including unemployment insurance benefits which depend on an individual's employment and earnings history. The model also captures the endogenous accumulation of experience which impacts on future wages, job arrivals and job separations. For better identification of the...

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Publication status:
Published

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Publisher:
University of Oxford
Series:
Department of Economics Discussion Paper Series
Publication date:
2010-02-01
Paper number:
478
Keywords:
Pubs id:
1143951
Local pid:
pubs:1143951
Deposit date:
2020-12-15

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