Unemployment insurance and self-fulfilling business cycles.
We study the macroeconomic role of unemployment insurance in an economy with job search, labor force participation decisions, and involuntary unemployment. The framework allows labor market distortions to vary endogenously over the business cycle and, under certain conditions, to amplify economic fl...
| Publicado en: | Oxford Economic Papers Vol. 78; no. 2; pp. 410 - 437 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Oxford University Press / USA
Apr2026
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |