Incitations et transitions sur le marché du travail. Une analyse des stratégies d'acceptation et de refus d'emploi
AbstractThis paper proposes an intertemporal and consistent framework in order to measure the incentives for returning to employment. A job seeker accepts a job which maximizes the sum of his discounted expected incomes, taking into account earnings associated with every job, worker?s mobility between jobs and his rate of preference for the present. In this framework, we show that work can pay, even if it does not pay immediately. Inversely, high immediate gain can be compensated by unfavorable perspectives. These theoretical results ? illustrated by numerical simulations ? show that monetary gain upon return to employment is neither a necessary nor a sufficient condition to explain the existence of a low level of labor force participation originated in incentive problems. Classification JEL : H31, H53, I38, J22, J64
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Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue économique.
Volume (Year): 53 (2002)
Issue (Month): 6 ()
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Other versions of this item:
- Jean-François Ouvrard & Patrick Maillé & Thierry Laurent & Yannick L'Horty, 2002. "Incitations et transitions sur le marché du travail. Une analyse des stratégies d'acceptation et de refus d'emploi," Revue Économique, Programme National Persée, vol. 53(6), pages 1181-1203.
- H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
- H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
- I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
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- Yannick L’Horty & Denis Anne & Michel Dollé, 2002. "Transferts sociaux locaux et retour à l’emploi ; suivi d'un commentaire de Michel Dollé, et d'une réponse au commentaire, de Denis Anne et Yannick L'Horty," Économie et Statistique, Programme National Persée, vol. 357(1), pages 49-78.
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