Optimal Unemployment Insurance for Older Workers

This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years left on the labor market prior to retirement. This short horizon implies a more decreasing replacement ratio. However, there is a sufficiently short distance to retirement for which...

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Bibliographic details

Main Author:	Hairault, Jean-Olivier Langot, François Ménard, Sébastien Sopraseuth, Thepthida
Format:	Publication
Language:	English
Place of publication:	01.06.2011
Data of publication:	2011-06-01
Classification Codes:
Subjects:	Unemployment insurance; Retirement; Recursive contracts; Moral Hazard health care economics and organizations
Online Access:	available in Bonn?
Database:	OpenAIRE (Open Access) OpenAIRE Database information Databases - DBIS