12 octobre 2017

Heure: 9h am
Lieu: DES-2237

Détails supplémentaires

Conférencier(e) :

Invité par :

La prochaine séance des "déjeuners de l'économie politique" aura lieu le jeudi 12 octobre, à 9am, au local DES-2237.

Bertrand Achou vous propose la lecture de : Knowledge of Future Job Loss and Implications for Unemployment Insurance, par Nathaniel Hendren.

Le département d'économique aura le plaisir de vous offrir café, croissants et chocolatines.

Ci-dessous le résumé du papier :

"This paper studies the implications of individuals’ knowledge of future job loss for the existence of an unemployment insurance (UI) market. Learning about job loss leads to consumption decreases and spousal labor supply increases. This suggests existing willingness to pay estimates for UI understate its value. But, it yields new estimation methodologies that account for and exploit responses to learning about future job loss. Although the new willingness to pay estimates exceed previous estimates, I estimate much larger frictions imposed by private information. This suggests privately-traded UI policies would be too adversely selected to be profitable, at any price."