Fiscal Externalities and Optimal Unemployment Insurance
نویسندگان
چکیده
منابع مشابه
Fiscal Externalities and Optimal Unemployment Insurance
In analyses of the optimal design of government programs, an important consideration is the extent to which a program can impact labour market outcomes. Typically, such analyses consider one government program in isolation, abstracting away from other roles of government, and thereby ignoring “fiscal externalities,” or the effects of the program’s labour market impacts on income tax revenues. T...
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We investigate the design of an optimal Unemployment Insurance program using an equilibrium search and matching model calibrated using data from the reemployment bonus experiments and secondary sources. We examine (a) the optimal potential duration of UI benefits, (b) the optimal UI replacement rate when the potential duration of benefits is optimal, and (c) the optimal UI replacement rate when...
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ژورنال
عنوان ژورنال: American Economic Journal: Economic Policy
سال: 2017
ISSN: 1945-7731,1945-774X
DOI: 10.1257/pol.20140396