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Revenu minimum, allocations-chômage et subventions à l'emploi

Author

Listed:
  • Jean-Paul Fitoussi

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Pierre Dehez

    (CORE - Center of Operation Research and Econometrics [Louvain] - UCL - Université Catholique de Louvain = Catholic University of Louvain)

Abstract

Starting with the problem of existence of a Walrasian equilibrium, in relation to the question of survival, the consequences of imposing a minimum real income are studied within the framework of a general equilibrium model with a disaggre­gated labor market. Two solutions are considered to face the unemployment which may result : the payment of unemployment compensations on the one hand, and the enforcement of full employment by employment subsidies on the other hand. In both cases equilibria are characterized in real terms and we show that the exis­tence of an equilibrium is not guaranteed if a budget deficit results. We also show that the effect of an increase in the minimum real income on the salary scale depends on the technological relations which exist between the various categories of labor. In particular it does not necessarily induce an increase in the wages paid in the sectors where full employment prevails. On the other hand it always leads to a worsening of unemployment and a reduction in production.

Suggested Citation

  • Jean-Paul Fitoussi & Pierre Dehez, 1996. "Revenu minimum, allocations-chômage et subventions à l'emploi," Post-Print hal-03458250, HAL.
  • Handle: RePEc:hal:journl:hal-03458250
    DOI: 10.2307/3502290
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-03458250
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    References listed on IDEAS

    as
    1. Dehez, Pierre & Fitoussi, Jean-Paul, 1996. "On Minimum Income, Qualification Structure and Salary Scale," LIDAM Discussion Papers IRES 1996009, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    2. van Haeperen, Béatrice, 1994. "Incidences du mode de prélèvement des cotisations sociales. Un modèle d'équilibre général avec revenu minimum," LIDAM Discussion Papers IRES 1994032, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    3. DEHEZ, Pierre & DREZE, Jacques, 1984. "Rigidité des prix relatifs, rationnement de l'offre et inflation," LIDAM Reprints CORE 583, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. Edmond Malinvaud, 1978. "Nouveaux développements de la théorie macroéconomique du chômage," Revue Économique, Programme National Persée, vol. 29(1), pages 9-25.
    5. N. Georgescu-Roegen, 1960. "Economic Theory And Agrarian Economics," Oxford Economic Papers, Oxford University Press, vol. 12(1), pages 1-40.
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    Citations

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    Cited by:

    1. Jean-Paul Fitoussi, 2005. "Politiche macroeconomiche e istituzioni : lezione 'Angelo Costa'," SciencePo Working papers Main hal-03459053, HAL.
    2. Jean-Paul Fitoussi, 2000. "Allégements des charges sur les bas salaires," Revue de l'OFCE, Programme National Persée, vol. 74(1), pages 33-51.
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    7. Jean-Paul Fitoussi, 2007. "Le rôle des institutions et des normes sociales dans la détermination des politiques économiques," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(3), pages 109-124.
    8. Jean-Paul Fitoussi, 2000. "Payroll tax reductions for the low paid," Post-Print hal-00972903, HAL.
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    More about this item

    Keywords

    Subventions à l'emploi; Chômage; Marché du travail;
    All these keywords.

    JEL classification:

    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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