Moshe Ben‐Horim, Dror Zuckerman
Abstract
This paper shows that unemployment insurance benefits could decrease the expected duration of unemployment induced by search. An unemployed person who has to finance search from limited resources may use the benefits to intensify search effort and lower the expected duration of unemployment.
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This paper shows that unemployment insurance benefits could decrease the expected duration of unemployment induced by search. An unemployed person who has to finance search from limited resources may use the benefits to intensify search effort and lower the expected duration of unemployment.
Key concepts: Unemployment, Duration (music), Economics, Labour economics, Economic growth, Art, Literature