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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Bibliographic Details
Main Author: Vodopevic, Milan
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/02/5172882/comparing-unemployment-insurance-unemployment-assistance
http://hdl.handle.net/10986/11811