Optimal unemployment insurance: a guide to the literature

摘要: Unemployment insurance has been the subject of numerous theoretical and empirical studies. These studies elucidate benefits cost unemployment insurance, namely, improved allocation risk bearing reduced incentives for work. In past two decades a branch literature emerged that deals with optimal design insurance. This influenced by ideas methods from field information economics theories labor economics. The result is collection models designed to highlight variety issues pertaining provision report reviews these issues, summarizes relevant literature, assesses its accomplishments, points out problems require further study.