Cream ; Érudite (EA 437), UPEC, UPEM, TEPP(FR CNRS 3435). ** Irdes, chercheur associé au Centre d'étude de l'emploi (CEE).

Increasing impatience reduces search efforts of unemployed job seekers and therefore decreases the exit rate from unemployment. Also, impatience reduces reservation wage and increases the exit rate. To determine the overall effect of impatience on the exit rate from unemployment, we distinguish between exponential and hyperbolic time preferences. Search effort dominates the reservation wage and decreases the exit rate from unemployment if individuals have hyperbolic, rather than exponential, preferences. Using the French sample of the European Household Panel Survey, we found that search effort has a strong effect on the duration of unemployment, whereas the reservation wage is not significant. This result shows that the job seekers have hyperbolic preferences. Hyperbolic preferences affect problems associated with job search and policies aimed at reducing unemployment. Copyright 2009 CEIS, Fondazione Giacomo Brodolini and Blackwell Publishing Ltd.

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We take into account complementary sick leave compensation paid by the employer, in addition to Social Security, to re-examine the link between non-work-related sickness absence and its compensation. We use matched employer-employee panel data based on the period 2005-2008 containing information on employees' earnings, on their employers, their sick leave and their health care expenditure and a new data source describing the precise compensation scheme for each CBA. We consider three different sets of compensation variables and three different outputs and find each time a positive relationship between compensation and absence, except for executives for whom it is not significant.We would like to thank all those who participated in the seminars held by the INSEE Department of Economic Studies and the research seminar on work absences held on the 20th of May 2014 and organized by IRDES and DREES. We would like to especially thank Laurent Davezies, S ebastien Roux and Corinne Prost for useful comments and suggestions that contributed to enriching our work. We would also like to thank the participants of the TEPP 2014, SOLE 2014, EALE 2014, and ESPE 2015 conferences for their numerous comments, Paul Dourgnon and the two anonymous reviewers. We remain entirely responsible for any errors or inaccuracies that may remain.

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