Labor Market Institutions and the Cost of Recessions /

This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance (JSA), on the output cost and welfare cost of recessions. The paper develops a tractable incomplete-market model with search unemployment, skill depreciation during unemployment, and...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Krebs, Tom
مؤلفون آخرون: Scheffel, Martin
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:IMF Working Papers; Working Paper ; No. 2017/087
الوصول للمادة أونلاين:Full text available on IMF