Unemployment Insurance: The Role of Electoral Systems and Regional Labor Markets
24 Pages Posted: 19 Sep 2004
Date Written: September 17, 2004
Abstract
Levels of insurance against unemployment vary considerably across countries. Replacement rates, the ratio relating income from unemployment to what people earned when they were employed, are higher in countries with proportional electoral systems than in countries with majoritarian system. Also, replacement rates are positively correlated with per capita income and negatively correlated with the countries' unemployment rates. We develop an electoral competition model that can replicate those stylized facts.
Keywords: Unemployment insurance, electoral system, electoral competition, regional labor markets
JEL Classification: J65, D72
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Budget Institutions and Fiscal Performance in Latin America
By Alberto F. Alesina, Ricardo Hausmann, ...
-
Comparative Politics and Public Finance
By Torsten Persson, Gérard Roland, ...
-
Separation of Powers and Accountability: Towards a Formal Approach to Comparative Politics
By Torsten Persson, Gérard Roland, ...
-
The Size and Scope of Government: Comparative Politics with Rational Politicians
By Torsten Persson and Guido Tabellini
-
Endogenous Political Institutions
By Philippe Aghion, Alberto F. Alesina, ...
-
Endogenous Political Institutions
By Philippe Aghion, Alberto F. Alesina, ...
-
Endogenous Political Institutions
By Philippe Aghion, Alberto F. Alesina, ...
-
Budget Institutions and Fiscal Performance in Latin America
By Alberto F. Alesina, Ricardo Hausmann, ...