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competition), unemployment inequalities and job instability during the polarization process of the labor market fostered by the … evolution of job stability, the size of each labor market segment and the unemployment rates …
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unemployment and the distribution of both wages and productivity are endogenous. By means of simulations of this model estimated on …
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, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. …This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years …
Persistent link: https://www.econbiz.de/10005822369
This paper extends the job creation-job destruction approach to the labor market to take into account a deterministic finite horizon. As hirings and separations depend on the time over which to recoup investment costs, the life-cycle setting implies age-differentiated labor market flows. Whereas...
Persistent link: https://www.econbiz.de/10009001406
, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract. It is … show that the unemployment benefit agency could take advantage of the retirement period to tax pensions in order to …This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years …
Persistent link: https://www.econbiz.de/10009131149
In France, the pattern of old age pension is characterized by a tax on continued activity, which distorts labour market … participation towards a retirement age far below the one that would prevail in an optimal environment. This tax on continued … activity would disappear with an actuarially fair system that links replacement rates to retirement age. However, by definition …
Persistent link: https://www.econbiz.de/10008680035