In this article it is shown that when the effects of an increase in unemployment subsidies are studied in a general equilibrium framework, unemployment increases far less than in a "partial-partial" model, or may even decrease.
Working Paper No. 159
The Effects of Unemployment Compensation in General Equilibrium with Search Unemployment
Working Paper
Referens
Axell, Bo och Harald Lang (1986). ”The Effects of Unemployment Compensation in General Equilibrium with Search Unemployment”. IFN Working Paper nr 159. Stockholm: Institutet för Näringslivsforskning.
Axell, Bo och Harald Lang (1986). ”The Effects of Unemployment Compensation in General Equilibrium with Search Unemployment”. IFN Working Paper nr 159. Stockholm: Institutet för Näringslivsforskning.
Författare
Bo Axell, Harald Lang
