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The Simple analytics of job displacement insurance

Recurso electrónico / Electronic resource
Registro MARC
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1001 ‎$0‎MAPA20190008501‎$a‎Parsons, Donald O.
24514‎$a‎The Simple analytics of job displacement insurance‎$c‎Donald O. Parsons
300  ‎$a‎30 p.
520  ‎$a‎Job displacement is a threat to the earnings of long-tenured workers through unemployment spells and reduced reemployment wages. Although full insurance requires both unemployment benefits and wage insurance, supply difficulties limit actual-loss insurance, and separation packages include partial unemployment insurance and scheduled (fixed sum) severance pay. The design of this two-dimensional package requires a systems approach as well as a generalized replacement ratio measure of adequacy. Job search moral hazard and layoff moral hazard (firing costs) introduce serious contracting concerns. Economic theory provides a guide to the integration of these insurance instruments in this complex planning environment.
650 4‎$0‎MAPA20080593391‎$a‎Seguro de desempleo
650 4‎$0‎MAPA20080588953‎$a‎Análisis de riesgos
7730 ‎$w‎MAP20077000727‎$t‎The Journal of risk and insurance‎$d‎Nueva York : The American Risk and Insurance Association, 1964-‎$x‎0022-4367‎$g‎03/06/2019 Volumen 86 Número 2 - junio 2019 , p. 351-380