Allocation chômage : entre efficacité et égalité
This paper reconsiders the trade off between efficiency and equality of unemployment insurance in a job search model with precautionary savings. We show that a decreasing profile of unemployment benefits is able to reduce this trade off. It requires that unemployed agents receive generous unemployment benefits during a short period. In this case, the declining profile increases the search effort of unemployed agents without decreasing the welfare of the unemployed in the most disadvantageous position.
Volume (Year): (2008)
Issue (Month): 90 ()
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