The Determination of Unemployment Benefits

Rafael Di Tella and Robert MacCulloch

Economics Series Working Papers from University of Oxford, Department of Economics

Abstract: We present a simple model where unemployment benefits are determined in an economy in which there is endogenous delay in finding a job so that workers desire insurance against the possibility of unemployment.

Keywords: UNEMPLOYMENT; LABOUR MARKET (search for similar items in EconPapers)
JEL-codes: J61 J64 J65 J69 (search for similar items in EconPapers)
Date: 1996
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