The Economics of Unemployment Insurance

First published in 1969. This book analyses the role of Unemployment Insurance in a high-employment economy. It emphasises the social requirements of an income-maintenance scheme in the context of various economic policies, particularly government intervention in the labour market. The authors discuss other related problems including the relationship between Unemployment Insurance and redundancy compensation and the question of selectivity in social security. This book provides a case study in a field bordering labour economics, public finance and social policy and will be useful as a textbook for both economists and sociologists, illustrating the relevance of economic analysis to social welfare policy. It offers comparisons of Unemployment Insurance in several European countries with the British scheme and in their final chapter the authors make important suggestions for policy changes in the structure of British Unemployment Insurance and in social security generally.