Productivity Gains From Unemployment Insurance Export

@misc{citeulike:2242179, abstract = {This paper argues that unemployment insurance increases labor productivity by encouraging workers to seek higher productivity jobs, and by encouraging firms to create those jobs. We use a quantitative model to investigate whether this e\#ect is comparable in magnitude to the standard moral hazard e\#ects of unemployment insurance. Our model economy captures the behavior of the U.S. labor market for high school graduates quite well. With unemployment insurance more generous than the current...}, author = {Acemoglu, Daron and Shimer, Robert}, citeulike-article-id = {2242179}, citeulike-linkout-0 = {http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.29.1743}, keywords = {productivity, ui}, posted-at = {2008-01-17 01:14:16}, priority = {3}, title = {Productivity Gains From Unemployment Insurance}, url = {http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.29.1743} }

TY - GEN ID - citeulike:2242179 L3 - citeulike-article-id:2242179 N2 - This paper argues that unemployment insurance increases labor productivity by encouraging workers to seek higher productivity jobs, and by encouraging firms to create those jobs. We use a quantitative model to investigate whether this e#ect is comparable in magnitude to the standard moral hazard e#ects of unemployment insurance. Our model economy captures the behavior of the U.S. labor market for high school graduates quite well. With unemployment insurance more generous than the current... TI - Productivity Gains From Unemployment Insurance KW - productivity KW - ui AU - Acemoglu, Daron AU - Shimer, Robert UR - http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.29.1743 ER -