Economics at your fingertips  

Unemployment Insurance Over the Business Cycles

Paola Potestio

Chapter Chapter 5 in Modelling Unemployment Insurance, 2022, pp 129-150 from Springer

Abstract: Abstract The chapter addresses the question of how an optimal UI policy should specifically react to the changing cyclical conditions of the economy. The cyclical or countercyclical characterization of UI policy over the business cycle is a main point of the contributions reviewed here. Partial equilibrium and general equilibrium settings are again the different frameworks for the analysis. The optimal UI policy, its clear sign or its uncertain optimal sign, are supported by different arguments and conditions from the individual models. A particular interest is stressed for more composite results linked to the structure of the budget balance to finance the UI system, to shocks in aggregate productivity and to the comparison between commitment or discretion in optimal UI policies in the face of Covid-19-type recessions.

Date: 2022
References: Add references at CitEc
Citations: Track citations by RSS feed

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:

Ordering information: This item can be ordered from

DOI: 10.1007/978-3-030-91319-9_5

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

Page updated 2022-08-07
Handle: RePEc:spr:conchp:978-3-030-91319-9_5