Röger, Werner; Varga, Janos; Veld, Jan in 't; Vogel, Lukas - 2019 - This version: 16 October 2019
This paper studies the effects of labour market reforms on the functional distribution of income in a DSGE model … how structural reforms in the labour market affect these different types of income. The quantification of labour market …-specific supply of labour. Capital owners generally benefit from labour market reforms, with an increasing share in total income. This …