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Paola Potestio

Modelling Unemployment Insurance: A Survey

Modelling Unemployment Insurance: A Survey

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This book examines unemployment insurance policy through a survey, taking stock of the theoretical work in labor economics. It discusses the optimal level of UI benefits and the optimal time profile of UI policy, and emphasizes the importance and extension of open questions in the field. It is a must-read for researchers, students, and policy-makers interested in a better understanding of the field.

Format: Paperback / softback
Length: 174 pages
Publication date: 31 January 2023
Publisher: Springer Nature Switzerland AG


This comprehensive book delves into the realm of unemployment insurance policy by conducting a thorough survey, encompassing a wide range of theoretical work in labor economics. It meticulously tracks and evaluates advancements in the modeling of optimal unemployment insurance (UI) policies, commencing with the initial analytical insights generated in the second half of the 1970s. A significant portion of the survey is dedicated to exploring two fundamental strands of analysis: the determination of the optimal level of UI benefits and the design of the optimal time profile for UI policy.

The book serves two distinct objectives. Firstly, it aims to offer a concise yet comprehensive summary of the individual models, highlighting how specific messages for policymakers can be derived from analytical constructions. Furthermore, it emphasizes and provides commentary on the insights and contributions that these models offer to UI policy-makers. Secondly, the survey underscores the significance and scope of open questions within the theoretical approach to the unemployment insurance issue. It examines the multifaceted heterogeneity of the labor world, particularly in relation to UI issues, while also emphasizing the independence of the two fundamental choices of UI policy, their meaning, and their limitations. Additionally, it explores the potential for complementarity between these choices.

This book is an invaluable resource for researchers, students, and policy-makers seeking a deeper understanding of the field of labor economics in general, as well as unemployment insurance policies in particular. Its comprehensive coverage and insightful analysis provide valuable insights into the complex dynamics of unemployment insurance and its impact on individuals and societies.

Weight: 291g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030913212
Edition number: 1st ed. 2022

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