Sur l’impact de l’assurance-chômage dans une économie keynésienneOn the impact of unemployment insurance in a Keynesian economy
This paper deals with involuntary unemployment. We suppose that wages fail to clear markets and undertake a disequilibrium analysis of the effect of unemployment insurance (U.I.) on unemployment and production. The disequilibrium model is so constructed as to take into account the impact of U.I. on all markets. The neo-classical paradigm based on an equilibrium approach is contrasted with the neo-keynesian paradigm which assumes persistent disequilibrium. It is shown in this perspective that U.I. has an impact on unemployment when the latter is keynesian in nature rather than classical. We conclude that in order to evaluate empirically the effect of U.I., the various kinds of unemployment under analysis must be distinguished. We find moreover, that a disequilibrium framework is most appropriate for the study of unemployment.
Volume (Year): 57 (1981)
Issue (Month): 4 (octobre-décembre)
|Contact details of provider:|| Web page: http://www.scse.ca/|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Azariadis, Costas, 1975. "Implicit Contracts and Underemployment Equilibria," Journal of Political Economy, University of Chicago Press, vol. 83(6), pages 1183-1202, December.
- Pissarides, Christopher A, 1976. "Job Search and Participation," Economica, London School of Economics and Political Science, vol. 43(169), pages 33-49, February.
- Edmund S. Phelps, 1968. "Money-Wage Dynamics and Labor-Market Equilibrium," Journal of Political Economy, University of Chicago Press, vol. 76, pages 678.
- Bronsard, C. & Bronsard-Salvas, L., 1978. "Sur L'estimation D'un Systeme Complet de Demande Sous Rationnements Quantitatifs," Cahiers de recherche 7806, Universite de Montreal, Departement de sciences economiques.
- S. F. Kaliski, 1976. "People, Jobs, and the 'New Unemployment'," Canadian Public Policy, University of Toronto Press, vol. 2(3), pages 497-502, Summer.
- Barro, Robert J & Grossman, Herschel I, 1971. "A General Disequilibrium Model of Income and Employment," American Economic Review, American Economic Association, vol. 61(1), pages 82-93, March.
- Dreze, Jacques H, 1975. "Existence of an Exchange Equilibrium under Price Rigidities," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 16(2), pages 301-20, June.
- Lippman, Steven A & McCall, John J, 1976. "The Economics of Job Search: A Survey," Economic Inquiry, Western Economic Association International, vol. 14(3), pages 347-68, September.
- Herbert G. Grubel & Dennis R. Maki & Shelley Sax, 1975. "Real and Insurance-Induced Unemployment in Canada: A Reply," Canadian Journal of Economics, Canadian Economics Association, vol. 8(4), pages 603-05, November.
- Mattila, J Peter, 1974. "Job Quitting and Frictional Unemployment," American Economic Review, American Economic Association, vol. 64(1), pages 235-39, March.
- Feldstein, Martin S, 1976. "Temporary Layoffs in the Theory of Unemployment," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 937-57, October.
- Parsons, Donald O, 1973. "Quit Rates Over Time: A Search and Information Approach," American Economic Review, American Economic Association, vol. 63(3), pages 390-401, June.
- Costas Azariadis, 1976. "On the Incidence of Unemployment," Review of Economic Studies, Oxford University Press, vol. 43(1), pages 115-125.
When requesting a correction, please mention this item's handle: RePEc:ris:actuec:v:57:y:1981:i:4:p:525-552. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bruce Shearer)
If references are entirely missing, you can add them using this form.