Unemployment Insurance Generosity: A Trans-Atlantic Comparison
14 Pages Posted: 15 Dec 2008
The goal of this paper is to establish if unemployment insurance policies are more generous in Europe than in the United States, and by how much. We take the examples of France and one particular American state, Ohio, and use the methodology of Pallage, Scruggs and Zimmermann (2008) to find a unique parameter value for each region that fully characterizes the generosity of the system. These two values can then be used in structural models that compare the regions, for example to explain the differences in unemployment rates.
Keywords: unemployment insurance, labor market policy evaluation
JEL Classification: E24, J65
Suggested Citation: Suggested Citation