Showing 1 - 10 of 146
Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of … life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper … shows for quasi-linear utility that the effects of any amenity on wages and unemployment rates are of opposite sign …
Persistent link: https://www.econbiz.de/10010546957
We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two … sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment … real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between …
Persistent link: https://www.econbiz.de/10005013939
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
unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …
Persistent link: https://www.econbiz.de/10011205377
We use data about job search and work preferences, typically collected in a Labour Force Survey, in order to construct an indicator of .choosiness. of the supply of job-seekers. The method for obtaining the indicator, first at individual level and then at aggregate levels, is based on results...
Persistent link: https://www.econbiz.de/10005765669
The paper develops an equilibrium search and matching model where two-person families as well as singles participate in … 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
educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …
Persistent link: https://www.econbiz.de/10005766172
two-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers search for jobs … unemployment. A higher audit rate has an ambiguous impact on unemployment, and may actually increase the size of the underground …
Persistent link: https://www.econbiz.de/10005766198
This study is motivated by frequent calls to harmonize labor standards across countries, which result from the fear that economic integration (and the accompanying liberalization of trade flows) will lead to an erosion of working conditions, as countries deliberately try to reducelabor standards...
Persistent link: https://www.econbiz.de/10005406213
Introductory economics courses emphasize opportunity cost, comparative advantage and specialization to show the benefits of trade. We assert that this emphasize leads to erroneous student mindset that trade requires specialization based on comparative advantage. We test students who have been...
Persistent link: https://www.econbiz.de/10011198484