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...

詳細記述

書誌詳細
第一著者: Krebs, Tom
その他の著者: Scheffel, Martin
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2017.
シリーズ:IMF Working Papers; Working Paper ; No. 2017/087
オンライン・アクセス:Full text available on IMF