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Part-Time Unemployment and Optimal Unemployment Insurance
job search part-time unemployment unemployment insurance
2012/11/1
A significant fraction of the labor force consists of employed workers who are part-time unemployed (underemployed) in the sense that they are unable to work as much as they prefer. This paper develop...
There are three main conclusions. First, insurance considerations suggest that the potential duration of UI benefits would be unlimited under an optimal program. Hence, existing UI programs in the U.S...