Civic Vitue and Labor Market Institutions - Paris-Jourdan Sciences Économiques Accéder directement au contenu
Article Dans Une Revue American Economic Journal: Macroeconomics Année : 2009

Civic Vitue and Labor Market Institutions

Résumé

We argue civic virtue plays as a key role in explaining the design of public insurance against unemployment risks by solving moral hazard issues wich hinder the efficiency of unemployement insurance. We show, in a simple model, that economies with stronger civic virtues are more prone to provide insurance through unemployment benefits rather than though job protection. We provide cross-country and the design of unemployment benefits and employment protection in OECD countries over the period 1980 to 2003. We then use an epidemiological approach to estimate the existence of a potential causal relationship from inherited civic virtue to labor market insurance instituion.
Fichier non déposé

Dates et versions

hal-00812847 , version 1 (12-04-2013)

Identifiants

Citer

Yann Algan, Pierre Cahuc. Civic Vitue and Labor Market Institutions. American Economic Journal: Macroeconomics, 2009, 1 (1), pp.111-145. ⟨10.1257/mac.1.1.111⟩. ⟨hal-00812847⟩
195 Consultations
0 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More