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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Krebs, Tom
अन्य लेखक: Scheffel, Martin
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2017.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2017/087
ऑनलाइन पहुंच:Full text available on IMF