This article shows that in the context of a matching model with two imperfectly substitutable sectors, the coexistence of jobs characterised by different working hours can be explained by the capital intensities specific to each sector. Firms alone finance the capital used in the production...

In this paper, I build a wage bargaining model to study the consequences of unemployment insurance and unemployment assistance on unemployment. I show that indexing the unemployment insurance benefit on the last wage earned increase the level of unemployment. I describe necessary conditions to...

This paper deals with the effect of basic income schemes on the equilibrium unemployment rate. It develops a dynamic general equilibrium model of a unionized economy where the budget of the State has to be balanced in each period. Compared to a benchmark situation with an unemployent insurance,...