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We calibrate an infinite-horizon model with endogenous growth and unemployment on actual data from the largest … taxes when financed either raising capital taxation or reducing unemployment subsidies. We find two main results: (i) with … lump-sum transfers, reducing labor taxes and unemployment subsidies is beneficial to both employment and growth, while …
Persistent link: https://www.econbiz.de/10005412655
model in Daveri and Maffezzoli (2000), where unemployment is generated by monopolistic unions, and calibrate it to reproduce …
Persistent link: https://www.econbiz.de/10005126464
The aims of this paper are estimate and forecast the Non-Accelerating Inflation Rate of Unemployment, or NAIRU, for … Brazilian unemployment time series data. In doing so, we introduce a methodology for estimating mixed additive seasonal …
Persistent link: https://www.econbiz.de/10005407874