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This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010877633
to reduce the currently high unemployment among the low-skilled dramatically. Among the high-skilled, scarcities will …
Persistent link: https://www.econbiz.de/10005405965
to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric …
Persistent link: https://www.econbiz.de/10005000388
workfare package is not mandatory, it will reduce employment, profits, and utility levels of employed and unemployed workers …. In contrast, mandatory effort requirements will generally raise both employment and profits and reduce the tax rate. The …
Persistent link: https://www.econbiz.de/10005406407
This paper bolsters Prescott’s (2004) claim that high taxes are responsible for lacklustre labor market performance in continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and endogenous retirement. Labor taxation distorts not...
Persistent link: https://www.econbiz.de/10005181523
labour market policies to a more active focus on job search and employment. The policy tightened eligibility for unemployment …Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity … model may have, a low and stable unemployment rate is not automatically among them since the basic flexicurity properties …
Persistent link: https://www.econbiz.de/10005765697
The Danish labour market has undergone a remarkable change during the 1990s with a reduction of the unemployment rate … unemployment insurance system. This paper offers an overview of the developments in the Danish labour market during the 1990s, and … reviews the major policy shifts, as well as possible explanations of the remarkable reduction in unemployment. …
Persistent link: https://www.econbiz.de/10005766028
affects employment, wage inequality, public expenditures, and aggregate income in the low-wage sector. It is shown that a … Unemployment Benefits II, do not benefit from a minimum wage at all. Comparing the effects of a minimum wage with different types … employment – depending on the subsidies’ incidence – and income effects. Wage subsidies also allow a more equal income …
Persistent link: https://www.econbiz.de/10005765743
issues for the exemplary case of Germany that suffers from high unemployment among low-skilled workers and rising wage … in Germany, on employment, wage inequality, public expenditures, and incomes of poor households: 1) a statutory minimum … subsidies, the government can ensure more favorable employment and income effects. Combining a minimum wage with a wage subsidy …
Persistent link: https://www.econbiz.de/10005094296
Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at...
Persistent link: https://www.econbiz.de/10010641417