Optimal policy with informal sector and endogenous savings
This paper analyzes the effect of social security and lump sum layoff payment in an economy with an informal sector and savings, where the search effort is unobserved. I characterize the optimal consumption/search/non-participant strategy assuming that wo
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| Formato: | Documento de trabajo (Working Paper) |
| Lenguaje: | Español (Spanish) |
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Banco de la República
2014
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| Acceso en línea: | http://repositorio.banrep.gov.co/handle/20.500.12134/6120 |
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oai:RI-BanRep:20.500.12134-6120 |
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oai:RI-BanRep:20.500.12134-61202019-04-16T16:26:11Z Optimal policy with informal sector and endogenous savings Flórez, Luz Adriana J64 - Unemployment: Models, Duration, Incidence, and Job Search D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving J32 - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions J65 - Unemployment Insurance; Severance Pay; Plant Closings Social security payment Severance payment Informal sector Hidden search effort Savings Economía informal Desempleo Empleo Empleo informal Seguridad social Despido de empleados Ahorro e inversión J64 - Desempleo: modelos, duración, incidencia y búsqueda de empleo J65 - Subsidio de desempleo; Indemnización por despido; Cierre de plantas D91 - Elección intemporal del consumidor; Modelos del ciclo de vida y ahorro J32 - Costes y beneficios laborales no salariales; Planes de jubilación; Pensiones privadas This paper analyzes the effect of social security and lump sum layoff payment in an economy with an informal sector and savings, where the search effort is unobserved. I characterize the optimal consumption/search/non-participant strategy assuming that wo 2014-07-23 2014-07-23 Working Paper Documentos de trabajo Published Version http://repositorio.banrep.gov.co/handle/20.500.12134/6120 http://hdl.handle.net/20.500.12134/6120 spa Documentos de Trabajo Borradores de Economía Borradores de Economía; No. 833 https://ideas.repec.org/p/bdr/borrec/833.html https://ideas.repec.org/p/col/000094/011960.html Open Access https://creativecommons.org/licenses/by-nc-sa/4.0/ Acceso abierto Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0 Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva. PDF application/pdf image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg Bogotá Banco de la República |
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Repositorio Institucional del Banco de la República de Colombia |
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DSpace |
| language |
Español (Spanish) |
| topic |
J64 - Unemployment: Models, Duration, Incidence, and Job Search D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving J32 - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions J65 - Unemployment Insurance; Severance Pay; Plant Closings Social security payment Severance payment Informal sector Hidden search effort Savings Economía informal Desempleo Empleo Empleo informal Seguridad social Despido de empleados Ahorro e inversión J64 - Desempleo: modelos, duración, incidencia y búsqueda de empleo J65 - Subsidio de desempleo; Indemnización por despido; Cierre de plantas D91 - Elección intemporal del consumidor; Modelos del ciclo de vida y ahorro J32 - Costes y beneficios laborales no salariales; Planes de jubilación; Pensiones privadas |
| spellingShingle |
J64 - Unemployment: Models, Duration, Incidence, and Job Search D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving J32 - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions J65 - Unemployment Insurance; Severance Pay; Plant Closings Social security payment Severance payment Informal sector Hidden search effort Savings Economía informal Desempleo Empleo Empleo informal Seguridad social Despido de empleados Ahorro e inversión J64 - Desempleo: modelos, duración, incidencia y búsqueda de empleo J65 - Subsidio de desempleo; Indemnización por despido; Cierre de plantas D91 - Elección intemporal del consumidor; Modelos del ciclo de vida y ahorro J32 - Costes y beneficios laborales no salariales; Planes de jubilación; Pensiones privadas Flórez, Luz Adriana Optimal policy with informal sector and endogenous savings |
| description |
This paper analyzes the effect of social security and lump sum layoff payment in an economy with an informal sector and savings, where the search effort is unobserved. I characterize the optimal consumption/search/non-participant strategy assuming that wo |
| format |
Documento de trabajo (Working Paper) |
| author |
Flórez, Luz Adriana |
| author_facet |
Flórez, Luz Adriana |
| author_sort |
Flórez, Luz Adriana |
| title |
Optimal policy with informal sector and endogenous savings |
| title_short |
Optimal policy with informal sector and endogenous savings |
| title_full |
Optimal policy with informal sector and endogenous savings |
| title_fullStr |
Optimal policy with informal sector and endogenous savings |
| title_full_unstemmed |
Optimal policy with informal sector and endogenous savings |
| title_sort |
optimal policy with informal sector and endogenous savings |
| publisher |
Banco de la República |
| publishDate |
2014 |
| url |
http://repositorio.banrep.gov.co/handle/20.500.12134/6120 |
| _version_ |
1637302105523879936 |
| score |
12,131701 |