Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/51861
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dc.contributor.authorEk, Susanneen_US
dc.contributor.authorHolmlund, Bertilen_US
dc.date.accessioned2011-07-22en_US
dc.date.accessioned2011-11-23T11:38:08Z-
dc.date.available2011-11-23T11:38:08Z-
dc.date.issued2011en_US
dc.identifier.piurn:nbn:de:101:1-201104133432en_US
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_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit |x5540en_US
dc.subject.jelJ64en_US
dc.subject.jelJ65en_US
dc.subject.ddc330en_US
dc.subject.keywordjob searchen_US
dc.subject.keywordpart-time unemploymenten_US
dc.subject.keywordunemployment insuranceen_US
dc.subject.stwTeilzeitarbeiten_US
dc.subject.stwArbeitslosigkeiten_US
dc.subject.stwUnterbeschäftigungen_US
dc.subject.stwArbeitslosenversicherungen_US
dc.subject.stwArbeitsplatzsuchmodellen_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwTheorieen_US
dc.titlePart-time unemployment and optimal unemployment insuranceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn664677088en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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