Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/30518 
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dc.contributor.authorDemougin, Dominique M.en
dc.contributor.authorHelm, Carstenen
dc.date.accessioned2009-06-29-
dc.date.accessioned2010-05-14T08:20:32Z-
dc.date.available2010-05-14T08:20:32Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/30518-
dc.description.abstractSeveral European countries have reformed their labor market institutions. Incentive effects of unemployment benefits have been an important aspect of these reforms. We analyze this issue in a principal-agent model, focusing on unemployment levels and labor productivity. In our model, a higher level of unemployment benefits improves the works position in wage bargaining, leading to stronger effort incentives and higher output. However, it also reduces incentives for labor market participation. Accordingly, there is a trade-off. We analyze how changes in the economic environment such as globalization and better educated works affect this trade-off.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x2670en
dc.subject.jelJ65en
dc.subject.jelD82en
dc.subject.jelJ41en
dc.subject.jelE24en
dc.subject.ddc330en
dc.subject.keywordunemployment benefitsen
dc.subject.keywordincentive contractsen
dc.subject.keywordNash bargainingen
dc.subject.keywordmoral hazarden
dc.subject.keywordglobalisationen
dc.subject.stwArbeitslosenversicherungen
dc.subject.stwÖkonomischer Anreizen
dc.subject.stwBerufliche Integrationen
dc.subject.stwMoral Hazarden
dc.subject.stwAsymmetrische Informationen
dc.subject.stwNash-Gleichgewichten
dc.subject.stwInstitutionelle Infrastrukturen
dc.subject.stwGlobalisierungen
dc.subject.stwAgency Theoryen
dc.titleIncentive contracts and efficient unemployment benefits-
dc.typeWorking Paperen
dc.identifier.ppn603331009en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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