The Continuum Approach to Unemployment Policy: An Overview

J. Michael Orsza and Dennis Snower

Archive Discussion Papers from Birkbeck, Department of Economics, Mathematics & Statistics

Abstract: This paper reviews a new approach to the design of unemployment policies. It focuses on polciies that have become an increasingly popular weapon against long-term unempoloyment, namely, policies that subsidize the hiring of the long-term unemployed. Whereas the existing literature usually assumes that workers can be divided into homogeneous groups (e.g., employe vs. unemployed, short- vs. long-term unemployed), the approach here characterizes worker heterogeneity in very general terms -- hire and job loss rates varying along the continuum -- and it examines the influence of this heterogeneity on the formulation of optimal unemployment policies.

Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bbk:bbkewp:9604

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Archive Discussion Papers from Birkbeck, Department of Economics, Mathematics & Statistics Malet Street, London WC1E 7HX, UK.
Bibliographic data for series maintained by ( this e-mail address is bad, please contact ).