| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3600 |
| DP3600 Earnings Dispersion, Risk Aversion and Education | |
| Jörgen Hansen; Christian Belzil | |
| 发表日期 | 2002-10-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | Experience rating which is often treated as a simple adjustment cost is an original feature of the US unemployment benefit system. This Paper extensively addresses the effect of experience rating as an alternative to standard job protection. We provide a simple matching model of unemployment that handles both idiosyncratic and aggregate shocks. In such a framework, we show that experience rating tends to increase labour market performances. Indeed, moving toward an experience rated system tends to stabilize employment. Additionally, for reasonable parameter values average employment and production are increased over the cycle. Therefore, it may be worthwhile to shift standard job protection measures toward a more experience rated system. |
| 主题 | Labour Economics |
| 关键词 | Matching models Job protection Experience rating Employment fluctuation |
| URL | https://cepr.org/publications/dp3600 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532607 |
| 推荐引用方式 GB/T 7714 | Jörgen Hansen,Christian Belzil. DP3600 Earnings Dispersion, Risk Aversion and Education. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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