Optimal unemployment policy
研究了最优失业政策，发现监控求职和求职援助很重要，同时结合更慷慨的失业保险效果更好，并考虑了私人消费平滑和收入税的财政外部性。
Abstract This paper shows that the optimal policy to deal with unemployment features important roles for monitoring of search and job search assistance, with the optimal combined policy also incorporating more generous unemployment insurance (UI). These results are significantly different from the previous literature, which has overwhelmingly focused on UI on its own. I incorporate two empirically relevant phenomena that have often been ignored: private consumption smoothing and fiscal externalities from income taxes. I estimate a job search model using indirect inference on data from the March Current Population Survey, and simulate the model to evaluate a variety of policy reforms.