Labor market effects of unemployment insurance design

Konstantinos Tatsiramos, Jan C. van Ours

Research output: Contribution to journalArticlepeer-review

Abstract

With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate. In this paper, we review the recent theoretical and empirical evidence on the labor market effects of UI design. We also discuss policy issues related to UI design, including the structure of benefits, the role of liquidity constraints and the pros and cons of a UI system in which the generosity of UI benefits is varying over the business cycle. Finally, we identify potential areas of future research. © 2012 John Wiley & Sons Ltd.
Original languageEnglish
Pages (from-to)284-311
Number of pages28
JournalJournal of Economic Surveys
Volume28
Issue number2
DOIs
Publication statusPublished - 2014
Externally publishedYes

Keywords

  • Job search
  • Labor market institutions
  • Labor market policy
  • Unemployment dynamics
  • Unemployment insurance

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