Redistribution and employment policies with endogenous unemployment

• 成果类型: Article; Proceedings Paper
• 署名作者: Boadway, R; Cuff, K; Marceau, N
• 署名单位: McMaster University; Queens University - Canada; University of Quebec; University of Quebec Montreal
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/S0047-2727(01)00151-7
• 发表日期: 2003
• 页码: 2407-2430
• 关键词: employment policies; unemployment; redistribution

摘要

We study optimal redistribution policy in an economy with three types of unemployed persons: those unable to work, the voluntarily unemployed, and the involuntarily unemployed. Both voluntary and involuntary unemployment are endogenous. Voluntary unemployment arises because individuals have different preferences, while involuntary unemployment results from frictions in the labour market or from an efficiency wage. We consider the employment policies of a well-informed government when it can and cannot commit to its policies. The model is simple, yet rich enough to reflect real-world policies, including transfers to the disabled, welfare for non-working employables, unemployment insurance, employment subsidies, and taxes on workers and firms. (C) 2001 Elsevier B.V. All rights reserved.