@TechReport{iza:izadps:dp108,
            	author={Boone, Jan and Ours, Jan C. van},
            	title={Modeling Financial Incentives to Get Unemployed Back to Work},
            	year={2000},
	month={Jan},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={108},
            	url={https://www.iza.org/publications/dp108},
	abstract={We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of individual unemployed workers are relevant, but also macro-spillover effects from the additional creation of vacancies, which originates from the increased effectiveness of labor supply. We advocate that for a given loss in welfare for the unemployed benefit sanctions are more effective in reducing unemployment than an across the board reduction in the replacement rate.},
	keywords={financial incentives;Unemployment benefits;sanctions},
            }