A Welfare-Theoretic Evaluation of Unemployment Insurance

Jon R. Neill
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Jon R. Neill: Western Michigan University

Public Finance Review, 1989, vol. 17, issue 4, 429-444

Abstract: This article applies a new techncque for estimating willingness to pay for non-traded goods to the debate on the appropriate level of unemployment compensation. These estimates suggest that, in a welfare-theoretic sense, unemployment benefits may not be excessive.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:17:y:1989:i:4:p:429-444

DOI: 10.1177/109114218901700405

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