Optimal unemployment insurance
作者： Carl Davidson , Stephen A. Woodbury
DOI: 10.1016/S0047-2727(96)01623-4
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摘要: Abstract We investigate the design of an optimal unemployment insurance program using equilibrium search model calibrated data from reemployment bonus experiments. There are three main conclusions. First, considerations suggest that potential duration Ul benefits would be unlimited under program. Second, if to were unlimited, current replacement rates in U.S. (about 0.5) probably about right. Third, rate rises as is increasingly limited, reaching 1 when limited 32 weeks.
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