Showing 1 - 5 of 5
Unemployment Insurance Savings Accounts (UISAs) entitle workers to unemployment benefits at the expense of future … pension payments. Therefore, such accounts make unemployment less attractive, intensify job search, and raise employment. In … the present paper the wage and employment consequences of UISAs are investigated in a model of collective wage …
Persistent link: https://www.econbiz.de/10005822648
negative correlation between bargained wages in aggregate and average risk preferences of union members. Our results suggest … that an overall increase in risk aversion contributes to wage moderation and promotes employment. …
Persistent link: https://www.econbiz.de/10005703281
shown that a fixed payment will lower wages, leave employment and welfare unaffected if there are no wage-dependent taxes … payments. If these payments are also a function of previous wages, positive employment effects will be mitigated. A …Redundancy payments for collective dismissals are incorporated into a Shapiro-Stiglitz model of efficiency wages. It is …
Persistent link: https://www.econbiz.de/10005181403
More progressive income taxes raise employment in models of imperfectly competitive labour markets. However, this … progressive taxes reduce profits. This induces firms to exit the market such that the positive employment effect can vanish in a … opportunities raise the likelihood of positive employment effects due to higher tax progressivity. …
Persistent link: https://www.econbiz.de/10005406269
In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However …, severance payments are usually related to wages. It is shown that earnings-related, mandated severance pay will have ambiguous … employment effects if effort can be varied continuously. A substitution of the earnings-related for the lumpsum component reduces …
Persistent link: https://www.econbiz.de/10005566547