Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51861 
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dc.contributor.authorEk, Susanneen
dc.contributor.authorHolmlund, Bertilen
dc.date.accessioned2011-07-22-
dc.date.accessioned2011-11-23T11:38:08Z-
dc.date.available2011-11-23T11:38:08Z-
dc.date.issued2011-
dc.identifier.piurn:nbn:de:101:1-201104133432en
dc.identifier.urihttp://hdl.handle.net/10419/51861-
dc.description.abstractA 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.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x5540en
dc.subject.jelJ64en
dc.subject.jelJ65en
dc.subject.ddc330en
dc.subject.keywordjob searchen
dc.subject.keywordpart-time unemploymenten
dc.subject.keywordunemployment insuranceen
dc.subject.stwTeilzeitarbeiten
dc.subject.stwArbeitslosigkeiten
dc.subject.stwUnterbeschäftigungen
dc.subject.stwArbeitslosenversicherungen
dc.subject.stwArbeitsplatzsuchmodellen
dc.subject.stwWohlfahrtseffekten
dc.subject.stwTheorieen
dc.titlePart-time unemployment and optimal unemployment insurance-
dc.typeWorking Paperen
dc.identifier.ppn664677088en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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