{"id":558,"date":"2010-08-21T01:06:10","date_gmt":"2010-08-21T09:06:10","guid":{"rendered":"http:\/\/www.ticoneva.com\/journal\/?p=558"},"modified":"2010-08-21T01:06:10","modified_gmt":"2010-08-21T09:06:10","slug":"558","status":"publish","type":"post","link":"https:\/\/www.ticoneva.com\/journal\/?p=558","title":{"rendered":""},"content":{"rendered":"<p>Becker <a href=\"http:\/\/www.becker-posner-blog.com\/2010\/07\/should-unemployment-compensation-be-extended-becker.html\">proposes<\/a> that to reduce moral harzard, umemployment benefits should have a deductible component&#8211;applicants should receive no benefit in the first few weeks of unemployment, the savings from such could then be used to extend the duration of benefits. Sorry, but I just don&#8217;t see how this is going to work. Unlike medical insurance, in which deductible is paid at the same time as the covered amount, unemployment insurance has a strong but low violatility temporal component. With such a policy we would likely see the unemployment-benefit-equivalent of payday loan, restoring almost all of the moral harzard. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Becker proposes that to reduce moral harzard, umemployment benefits should have a deductible component&#8211;applicants should receive no benefit in the first few weeks of unemployment, the savings from such could then be used to extend the duration of benefits. Sorry, but I just don&#8217;t see how this is going to work. Unlike medical insurance, in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-558","post","type-post","status-publish","format-standard","hentry","category-political-economy"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.ticoneva.com\/journal\/index.php?rest_route=\/wp\/v2\/posts\/558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ticoneva.com\/journal\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ticoneva.com\/journal\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ticoneva.com\/journal\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ticoneva.com\/journal\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=558"}],"version-history":[{"count":0,"href":"https:\/\/www.ticoneva.com\/journal\/index.php?rest_route=\/wp\/v2\/posts\/558\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ticoneva.com\/journal\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ticoneva.com\/journal\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ticoneva.com\/journal\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}