A framework for analyzing the political support for active labor market policy

• 成果类型: Article
• 署名作者: Saint-Paul, G
• 署名单位: Pompeu Fabra University
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/S0047-2727(97)00069-8
• 发表日期: 1998
• 页码: 151-165
• 关键词: unemployment; wage formation; labour market policy; political economy

摘要

We develop a general equilibrium analysis of the impact of active labor market policy on unemployment, wages and the welfare of the employed. This framework is used to assess the political support in favour of such policies and to relate it to the working of Such policies and other parameters characterizing the economic environment. The main finding is that if the employed have little exposure to unemployment and if the demand for unskilled labour is inelastic, then there may be political support for policies which actually raise the equilibrium level of total unemployment. (C) 1998 Elsevier Science S.A.