Hairault, Jean-Olivier; Langot, François; Ménard, … - In: Journal of Public Economics 96 (2012) 5, pp. 509-519
This paper studies the optimal unemployment insurance for older workers in a repeated principal–agent model, where the …). When unemployment benefits are the only available tool, the insurance agency is not able to induce older workers to search … for a job. This is because of the short time-horizon of workers close to retirement. We propose to introduce a pension tax …
