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Friday, March 19, 2010

HOW GENEROUS SHOULD UNEMPLOYMENT BENEFITS BE --- IN DOLLARS AND DURATION --- BEFORE THEY START LIMITING SERIOUS JOB-SEARCHES AND KEEP UNEMPLOYMENT HIGHER THAN OTHERWISE? USA AND WEST EUROPEAN COMPARISONS

Today's Buggy Topic

The subject-title above, long-winded as it might be, captures the topic faithfully.   In a thread dealing with it at Economist's View, prof bug left a long detailed comparison of unemployment benefits in the USA with those in West Europe, the latter being systematically reduced in benefit-generosity and duration almost everywhere there . . . in line with the EU Lisbon Strategy, adopted earlier in the last decade, to improve the overall productivity-growth  of the member-states and  encourage them to move more quickly from an industrial base toward a New Information-Based Economy of the sort the US pioneered back in the 1980s and 1990s.  

Click here for the buggy stuff.