@techreport{Ek2011Part,
abstract = {A significant fraction of the labor force consists of employed workers who are part-time unemployed (underemployed) in the sense that they are unable to work as much as they prefer. This paper develops a search and matching model to study the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to full-time employment. We examine the optimal structure of benefits for unemployed and underemployed workers. The results indicate non-negligible welfare gains associated with time limits for unemployment benefits as well as for part-time benefits. The welfare gains from optimal UI are larger when wages are fixed than when they are flexible.},
address = {Bonn},
author = {Susanne Ek and Bertil Holmlund},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {J64; J65; 330; job search; part-time unemployment; unemployment insurance; Teilzeitarbeit; Arbeitslosigkeit; Unterbesch\"{a}ftigung; Arbeitslosenversicherung; Arbeitsplatzsuchmodell; Wohlfahrtseffekt; Theorie},
language = {eng},
note = {urn:nbn:de:101:1-201104133432},
number = {5540},
publisher = {IZA},
title = {Part-time unemployment and optimal unemployment insurance},
type = {Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit},
url = {http://hdl.handle.net/10419/51861},
year = {2011}
}
