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Incitations et transitions sur le marché du travail. Une analyse des stratégies d'acceptation et de refus d'emploi

Thierry Laurent (), Yannick L’Horty, Patrick Maillé and Jean-François Ouvrard
Authors registered in the RePEc Author Service: Yannick L'Horty ()

Revue économique, 2002, vol. 53, issue 6, 1181-1203

Abstract: This paper proposes an intertemporal and consistent framework in order to measure the incentives for returning to employment. A job seeker accepts a job which maximizes the sum of his discounted expected incomes, taking into account earnings associated with every job, worker?s mobility between jobs and his rate of preference for the present. In this framework, we show that work can pay, even if it does not pay immediately. Inversely, high immediate gain can be compensated by unfavorable perspectives. These theoretical results ? illustrated by numerical simulations ? show that monetary gain upon return to employment is neither a necessary nor a sufficient condition to explain the existence of a low level of labor force participation originated in incentive problems. Classification JEL : H31, H53, I38, J22, J64

JEL-codes: H31 H53 I38 J22 J64 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (3)

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Journal Article: Incitations et transitions sur le marché du travail. Une analyse des stratégies d'acceptation et de refus d'emploi (2002) Downloads
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