Employment Turnover and Unemployment Insurance

John Hassler () and Rodriguez Mora, J-V

Working Papers from Stockholm - International Economic Studies

Abstract: Two features distinguish European and US labor markets. First, most European countries have substantially more generous unemployment insurance. Second, the duration of unemployment and employment spells are substantially higher in Europe - employment turnover is lower. We show that self-insurance, i.e. saving and borrowing, is a good substitute for unemployment insurance when turnover is high as in US.

Keywords: EMPLOYMENT; UNEMPLOYMENT; UNEMPLOYMENT INSURANCE (search for similar items in EconPapers)
JEL-codes: J23 J64 J65 (search for similar items in EconPapers)
Date: 1997
View citations in EconPapers

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

Related works:
Working Paper: Employment Turnover and Unemployment Insurance (1997)
Working Paper: Employment Turnover and Unemployment Insurance (1997)
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: http://EconPapers.repec.org/RePEc:fth:stocin:623

Access Statistics for this paper

More papers in Working Papers from Stockholm - International Economic Studies
Address: UNIVERSITY OF STOCKHOLM, INSTITUTE FOR INTERNATIONAL ECONOMIC STUDIES, S- 106 91 STOCKHOLM SWEDEN.
Contact information at EDIRC.
Series data maintained by Thomas Krichel ().