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At the end of working life, as well as reducing unemployment benefits, the unemployment-insurance agency could apply pension tax instead of wage tax. First, the pension tax provides greater incentives as the value of re-employment is tax-free. Second, the short job duration before retirement...
Persistent link: https://www.econbiz.de/10010750991
This paper studies the optimal unemployment insurance for older workers in a repeated principal-agent model, where the search intensity of risk-averse workers (the agents) is not observed by the risk-neutral insurance agency (the principal). When unemployment benefits are the only available...
Persistent link: https://www.econbiz.de/10011025914
This paper studies the optimal unemployment insurance for older workers in a repeated principal-agent model, where the search intensity of risk-averse workers (the agents) is not observed by the risk-neutral insurance agency (the principal). When unemployment benefits are the only available...
Persistent link: https://www.econbiz.de/10009647516
This paper studies the optimal unemployment insurance for older workers in a repeated principal-agent model, where the search intensity of risk-averse workers (the agents) is not observed by the risk-neutral insurance agency (the principal). When unemployment benefits are the only available...
Persistent link: https://www.econbiz.de/10010899974
At the end of working life, as well as reducing unemployment benefits, the unemployment-insurance agency could apply pension tax instead of wage tax. First, the pension tax provides greater incentives as the value of re-employment is tax-free. Second, the short job duration before retirement...
Persistent link: https://www.econbiz.de/10010821519
At the end of working life, as well as reducing unemployment benefits, the unemployment-insurance agency could apply pension tax instead of wage tax. First, the pension tax provides greater incentives as the value of re-employment is tax-free. Second, the short job duration before retirement...
Persistent link: https://www.econbiz.de/10010775764
properties of allocations in economies with uncertainty the concept of an envy-free allocation has not been widely studied in … envy-free allocations may be empty. We nevertheless show that, under special circumstances, one may prove the existence of … allocations that are both ex ante efficient and ex post envy-free. Such is the case, in particular, in an economy with individual …
Persistent link: https://www.econbiz.de/10010750559