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Assurance chômage optimale, capital humain et vote

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  • Sébastien Ménard

Abstract

This paper examines the characteristics of the unemployment insurance when the human capital decreases throughout the unemployment spell. We consider three instruments of economic policy : the replacement ratio, the duration of ui benefits and the level of minimum benefits. We show that the optimal ui is characterized by (i) a high replacement ratio, (ii) a short duration of ui benefits and (iii) low duration benefits. However, the politico-economic equilibrium leads to increase the duration of benefits. Classification JEL : D72, J24, J65

Suggested Citation

  • Sébastien Ménard, 2007. "Assurance chômage optimale, capital humain et vote," Revue économique, Presses de Sciences-Po, vol. 58(3), pages 703-712.
    • Handle: RePEc:cai:recosp:reco_583_0703
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    More about this item

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings

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