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A search model of unemployment and inflation

Lehmann, Etienne - 2006

money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal … monetary growth rate decreases with the workers' bargaining power, the level of unemployment benefits and the payroll tax rate. …

Persistent link: https://www.econbiz.de/10010267772

Credit constraints and the persistence of unemployment

Dromel, Nicolas; Kolakez, Elie; Lehmann, Etienne - 2009

In this paper, we argue that credit market imperfections impact not only the level of unemployment, but also its … steady-state unemployment, but also slow down the transitional dynamics. We then provide an empirical illustration based on a … persistence of unemployment. …

Persistent link: https://www.econbiz.de/10010269566

Macroeconometric Evaluation of Active Labour Market Policies in Germany - A Dynamic Panel Approach Using Regional Data

Zeiss, Christopher; Caliendo, Marco; Blien, Uwe; Hujer, … - 2002

Most evaluation studies of active labour market policies (ALMP) focus on the microeconometric evaluation approach using individual data. However, as the microeconometric approach usually ignores impacts on the non-participants, it should be seen as a first step to a complete evaluation which has...

Persistent link: https://www.econbiz.de/10010262531

On the Optimality of Search Matching Equilibrium When Workers Are Risk Averse

van der Linden, Bruno; Lehmann, Etienne - 2004

optima, non-linear income taxation is a key complement to unemployment insurance. According to the level of the workers …

Persistent link: https://www.econbiz.de/10010276945

Optimal Redistributive Taxation in a Search Equilibrium Model

Hungerbühler, Mathias; Lehmann, Etienne; Parmentier, Alexis - 2005

levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to their efficient values, gross wages, unemployment and participation are lower. Average tax …

Persistent link: https://www.econbiz.de/10010276950

Optimal income taxation with endogenous participation and search unemployment

Lehmann, Etienne; Parmentier, Alexis; van der Linden, Bruno - 2008

unemployment. Wages, labor demand and participation are endogenous. The government only observes wage levels. Under a Maximin … is increasing, marginal tax rates are positive everywhere, while wages, unemployment rates and participation rates are …

Persistent link: https://www.econbiz.de/10010277015

A simple theory of optimal redistributive taxation with equilibrium unemployment

Hungerbühler, Mathias; Lehmann, Etienne; Parmentier, Alexis - 2010

We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model … efficient values, at the optimum gross wages and unemployment are lower. Average tax rates are moreover increasing in wages. The …

Persistent link: https://www.econbiz.de/10010277029

Optimal income taxation with endogenous participation and search unemployment

Lehmann, Etienne; Parmentier, Alexis; van der Linden, Bruno - 2011

non-market activities. Search-matching frictions on the labor markets create unemployment. Wages, labor demand and …

Persistent link: https://www.econbiz.de/10010277043

Optimal redistributive taxation with both labor supply and labor demand responses

Jacquet, Laurence; Lehmann, Etienne; van der Linden, Bruno - 2011

This paper characterizes the optimal redistributive tax schedule in a matching unemployment framework with endogenous … (voluntary) nonparticipation and (involuntary) unemployment. The optimal employment tax rate is given by an inverse employment …

Persistent link: https://www.econbiz.de/10010278745

Social networks, job search methods and reservation wages: Evidence for Germany

Caliendo, Marco; Schmidl, Ricarda; Uhlendorff, Arne - 2010

In this paper we analyze the relationship between social networks and the job search behavior of unemployed individuals. It is believed that networks convey useful information in the job search process such that individuals with larger networks should experience a higher productivity of informal...

Persistent link: https://www.econbiz.de/10010285749