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In this paper, we study the optimal unemployment benefits financing scheme when the economy is subject to labor market imperfections characterized by real wage rigidities and search frictions. The US unemployment insurance financing is such that firms are taxed proportionately to their...
Persistent link: https://www.econbiz.de/10010899923
In this paper we study, in a DSGE model, the properties of an optimal financing scheme for unemployment benefits in a rigid, and in a flexible labor market. Taking inspiration from the US unemployment insurance system, we ask if firms should be taxed in proportion to their layoffs to finance the...
Persistent link: https://www.econbiz.de/10010852260
In this paper, we study the optimal unemployment benefits financing scheme when the economy is subject to labor market imperfections characterized by real wage rigidities and search frictions. The US unemployment insurance financing is such that firms are taxed proportionately to their layoffs...
Persistent link: https://www.econbiz.de/10010679084
In this paper we feature the optimal unemployment benefits financing scheme when the economy is subject to labor market failures. We are particulary interested in the effects of search frictions and wages rigidity. The goal of this paper is to show how policy instruments should interact with...
Persistent link: https://www.econbiz.de/10010692353
The difficulty to allocate the right workers to the right jobs is an important source of market frictions. With the expansion of atypical jobs in the mid-1980’s, the idea that screening and flexibility could be complementary motivations arose. The purpose of this paper is twofold : (i) First,...
Persistent link: https://www.econbiz.de/10010635712
In this paper, we feature the optimal unemployment benefits financing scheme when the economy is subject to labor market failures characterized by search frictions and wages rigidity. We show how policy instruments should interact with labor market imperfections. The US unemployment insurance...
Persistent link: https://www.econbiz.de/10010635714
The aim of this paper is to study the properties of an optimal unemployment benefit financing scheme in the US and in France. We wonder if firms should be taxed in proportion of their layoffs and if such a tax should correspond to a part or all of the fiscal cost induced by a dismissal. The...
Persistent link: https://www.econbiz.de/10010635719
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