The welfare effects of unemployment insurance in Argentina
利用阿根廷转移支付计划中的拐点，发现提高失业救济金对再就业工资有显著提升作用，且福利可能大幅增加，对政策制定者评估失业保险设计有参考价值。
<h3>Abstract</h3> Unemployment insurance transfers should balance the provision of consumption to the unemployed with the disincentive effects on search. Developing countries face the additional challenge of workers hiding employment and income in informal jobs. By exploiting the kinks in the schedule of transfers in Argentina, we find that higher benefits moderately affect job-finding rates and significantly increase re-employment wages. Using a model with random wage offers, we derive a sufficient statistics formula and calibrate it with our estimates to show that welfare could rise substantially if benefits were increased in Argentina. Importantly, our conclusion is relevant for the median eligible worker.