The Simple analytics of job displacement insurance
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001 | MAP20190019637 | ||
003 | MAP | ||
005 | 20190625125337.0 | ||
008 | 190624e20190603usa|||p |0|||b|eng d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a47 | ||
100 | 1 | $0MAPA20190008501$aParsons, Donald O. | |
245 | 1 | 4 | $aThe Simple analytics of job displacement insurance$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 | |
773 | 0 | $wMAP20077000727$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 |