Unemployment Insurance and Labor Contracts under Asymmetric Information: Theory and Facts
发现美国许多劳动合同几乎没有私人失业保险条款，并构建了一个信息不对称下的可选合同模型，其中非充分就业和非自愿失业可能并存。
The paper provides evidence to show that many U.S. labor contracts havelittle or no private unemployment insurance provision. A model of an optional contract under asymmetric information, with no private unemployment insurance, is presented. Underemployment and involuntaryunemployment may coexist. Copyright 1986 by American Economic Association.