Optimal unemployment insurance in a life cycle model
We extend Hopenhayn and Nicolini's  optimal unemployment contracts by including life-cycle features. We show that it is optimal to implement an age-dependant contract. Indeed, the elderly have only a few years left on the labor market prior to retirement. The short horizon of old workers...
|Place of publication:||
Society for Economic Dynamics
|Data of publication:||2007|
2007 Meeting Papers
|Online Access:||available in Bonn?|
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