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Le double dividende des politiques incitatives à l'allongement de la durée de vie active

Author

Listed:
  • Jean-Olivier Hairault

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, IUF - Institut universitaire de France - M.E.N.E.S.R. - Ministère de l'Education nationale, de l’Enseignement supérieur et de la Recherche, IZA - Institute for the Study of Labor - IZA)

  • François Langot

    (PJSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, CEPREMAP - Centre pour la recherche économique et ses applications - ECO ENS-PSL - Département d'économie de l'ENS-PSL - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres, GAINS - Groupe d'Analyse des Itinéraires et des Niveaux Salariaux - UM - Le Mans Université)

  • Thepthida Sopraseuth

    (PJSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, CEPREMAP - Centre pour la recherche économique et ses applications - ECO ENS-PSL - Département d'économie de l'ENS-PSL - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres, EPEE - Centre d'Etudes des Politiques Economiques - UEVE - Université d'Évry-Val-d'Essonne)

Abstract

We extend McCall's [1970] job search model by explicitly integrating life-cycle features and retirement decisions. Using simulations, we show that the effective tax on continued activity caused by the French social security system in conjunction with the generosity of unemploymentn benefits for older workers helps explain the low rate of employment just before the early retirement age. Decreasing this tax, thus bringing it closer to the actuarially-fair scheme not only extends the retirement age, but also encourages a more intensive job-search by older unemployed individuals.

Suggested Citation

  • Jean-Olivier Hairault & François Langot & Thepthida Sopraseuth, 2006. "Le double dividende des politiques incitatives à l'allongement de la durée de vie active," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00754154, HAL.
  • Handle: RePEc:hal:cesptp:halshs-00754154
    DOI: 10.3917/reco.573.0449
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    References listed on IDEAS

    as
    1. Didier Blanchet & Louis-Paul Pele, 1999. "Social Security and Retirement in France," NBER Chapters, in: Social Security and Retirement around the World, pages 101-133, National Bureau of Economic Research, Inc.
    2. Jean-Olivier Hairault & François Langot & Thepthida Sopraseuth, 2004. "Retraite choisie et réduction des déficits," Revue Française d'Économie, Programme National Persée, vol. 18(3), pages 75-136.
    3. repec:hal:spmain:info:hdl:2441/c8dmi8nm4pdjkuc9g8grh35j2 is not listed on IDEAS
    4. Fabien Postel-Vinay & Jean-Marc Robin, 2002. "Equilibrium Wage Dispersion with Worker and Employer Heterogeneity," Econometrica, Econometric Society, vol. 70(6), pages 2295-2350, November.
    5. Antoine d'Autume & Jean-Paul Betbèze & Jean-Olivier Hairault, 2006. "Les seniors et l'emploi en France," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00202023, HAL.
    6. repec:hal:spmain:info:hdl:2441/dc0ckec3fcb29ms985085gkbp is not listed on IDEAS
    7. Sargent, Thomas & Ljungqvist, Lars, 2002. "The European Employment Experience," CEPR Discussion Papers 3543, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Hairault, Jean-Olivier & Langot, François & Sopraseuth, Thepthida, 2005. "Les effets à rebours de l'âge de la retraite sur le taux d'emploi des seniors," CEPREMAP Working Papers (Docweb) 0513, CEPREMAP.

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    More about this item

    Keywords

    durée de vie active;

    JEL classification:

    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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