Comparing Unemployment Insurance and Unemployment Assistance
Markets alone cannot provide adequate protection against the risk of unemployment. Private unemployment insurance (UI) fails because of informational problems: the so-called moral hazard (changes in behavior in the presence of insurance that are im...
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Language: | English |
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2004/02/5172882/comparing-unemployment-insurance-unemployment-assistance http://hdl.handle.net/10986/11811 |