Algan, Yann; Cheron, Arnaud; Hairault, Jean-Olivier; … - In: Review of Economic Dynamics 6 (2003) 1, pp. 156-178
Does wealth matter for labor market transitions? This paper aims at giving a quantitative answer to this question. Econometric reduced-form estimates on French panel data provide evidence of a significant wealth effect on the extensive margin of labor supply. Both unemployment duration and job...