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such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10005766226
receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …
Persistent link: https://www.econbiz.de/10008596606
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10005766044
The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …
Persistent link: https://www.econbiz.de/10005766180
a severe macroeconomic recession with mass unemployment. By the early 1990s, workers on fixed-term contracts accounted …
Persistent link: https://www.econbiz.de/10005094398
The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as …
Persistent link: https://www.econbiz.de/10005405943
services are produced both in the market and within the households. We use the model to examine how unemployment and welfare … reduces unemployment whereas a tax cut on goods has no effect. A reform involving tax differentiation, with lower taxes on …
Persistent link: https://www.econbiz.de/10005406341
Conventional models of equilibrium unemployment typically imply that proportional taxes on labor earnings are neutral … with respect to unemployment as long as the tax does not affect the replacement rate provided by unemployment insurance, i ….e., unemployment benefits relative to after-tax earnings. When home production is an option, the conventional results may no longer …
Persistent link: https://www.econbiz.de/10005406344