Unemployment insurance tends to distort incentives in the labour market, affecting job search and wage formation adversely. We show in a search-matching model that this moral hazard problem can be ...
Small Business Economics, Vol. 8, No. 2, Special Issue on Geography and Regional Economic Development: The Role of Technology-Based Small and Medium Sized Firms (Apr., 1996), pp. 71-74 (4 pages) ...
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