Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/67146 
Year of Publication: 
2012
Series/Report no.: 
IZA Discussion Papers No. 6950
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate. In this paper, we review the recent theoretical and empirical evidence on the labor market effects of UI design. We also discuss policy issues related to UI design, including the structure of benefits, the role of liquidity constraints and the pros and cons of a UI system in which the generosity of UI benefits is varying over the business cycle. Finally, we identify potential areas of future research.
Subjects: 
unemployment insurance
unemployment dynamics
job search
labor market policy
labor market institutions
JEL: 
J64
J65
J68
Document Type: 
Working Paper

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