Labor Force Participation and Unemployment.

The authors consider a simple static model with a population divided into workers and retirees. Taxes on wages finance pensions to retirees and other benefits. A minimum net wage constraint can induce unemplyment. They assume that the tax rate fits in order to equilibrate contributions and benefits of the social insurance system. In this framework, labor force participation and employment affect unit labor cost.

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Year of publication:	1999
Authors:	Belan, P. ; Michel, P.
Subject:	SOCIAL SECURITY \| UNEMPLOYMENT \| RETIREMENT

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Type of publication:	Book / Working Paper
Notes:	23 pages
Classification:	H55 - Social Security and Public Pensions ; J26 - Retirement; Retirement Policies ; E24 - Employment; Unemployment; Wages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005641185