TY  - RPRT
        AU  - Boone, Jan
AU  - Ours, Jan C. van
        TI  - Modeling Financial Incentives to Get Unemployed Back to Work
        PY  - 2000/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 108
        UR  - https://www.iza.org/publications/dp108
        AB  - 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.
        KW  - financial incentives
KW  - Unemployment benefits
KW  - sanctions
        ER  -