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O'Leary, Christopher J.; Decker, Paul T.; Wandner, Stephen A. – Journal of Human Resources, 2005
The purpose of unemployment insurance (UI) is to provide labor force members with partial wage replacements when they are unemployed even as this income maintenance measure prolongs the unemployment period. This UI benefit also forces the beneficiaries to make more active job searches. Reemployment bonuses were aimed to speed return to work,…
Descriptors: Insurance, Unemployment, Labor Force, Cost Effectiveness