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Incitations et transitions sur le marché du travail. Une analyse des stratégies d'acceptation et de refus d'emploi

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  • Thierry Laurent
  • Yannick L’Horty
  • Patrick Maillé
  • Jean-François Ouvrard

Abstract

This 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 Info

Article provided by Presses de Sciences-Po in its journal Revue économique.

Volume (Year): 53 (2002)
Issue (Month): 6 ()
Pages: 1181-1203

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Handle: RePEc:cai:recosp:reco_536_1181

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Cited by:
  1. 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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