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Cool, Thomas - EconWPA - 1997

There is a general misconception on the impact of marginal tax rates. Following the hypothesis of optimising economic agents, it is proper that marginal rates enter the discussion. The only issue is that the margin mu= st be computed correctly. In dynamics, one must take account of the fact tha=...

Persistent link: https://www.econbiz.de/10005408095

The Misallocation of Resources of Anticipated Inflation

Frenkel, Michael; Mehrez, Gil - EconWPA - 1997

This paper analyzes the effects of anticipated inflation on the resource allocations between production and financial services. We develop a model with heterogeneous workers and two sectors economy. A manufacturing sector producing a final composite good and a financial sector providing monetary...

Persistent link: https://www.econbiz.de/10005126418

A closer look at the gap. A comment on Cooper and Willis' 'mind the gap' paper

Bayer, Christian - EconWPA - 2004

Recently, there has been a lively debate between Cooper and Willis (2001,2002,2003a, 2003b) and Caballero and Engel (2004) about the apropriateness of the so-called 'gap approach' to labor adjustment. Cooper and Willis claim that the gap approach is unable to identify non- convex adjustment...

Persistent link: https://www.econbiz.de/10005126476

The Impact of a Unionised Labour Market in a Schumpeterian Growth Model

Lingens, Jörg - EconWPA - 2002

relationship between unemployment and growth. We distinguish low-skilled and high-skilled labour and assume that a union bargains … over the low-skilled labour wage. This causes unemployment, but the growth e ect is ambiguous. On the one hand the higher …

Persistent link: https://www.econbiz.de/10005408356

Growth and Employment Effects of Unions in a Simple Endogenous Growth Model

Lingens, Jörg - EconWPA - 2002

In this paper we analyse the effects of simultaneous union wage bargaining in a simple two sector growth model. We show that the overall employment effect of unionisation is ambiguous and depends on the relative sectoral wage. Besides the employment effects we analyse how unionisation changes...

Persistent link: https://www.econbiz.de/10005556806

The Role of Institutions and Policies in Creating High European

Palley, Thomas I. - EconWPA - 2001

The conventional wisdom is that high European unemployment is the result of job markets that are rigid and inflexible … spillovers. The evidence shows that macroeconomic factors dominate in explaining unemployment. These factors are robust to … changes in empirical specification. Labor market institutions do matter for unemployment, but not in the way conventionally …

Persistent link: https://www.econbiz.de/10005412644

Stakeholders in Bilateral Conflict

Manzini, Paola; Ponsati, Clara - EconWPA - 2003

The resolution of a conflict often has an impact which extends beyond the remits of the parties directly involved in the confrontation (e.g. labour negotiations in sectors of public interest, where a strike would impact on the public at large). Once this is recognised, models addressing...

Persistent link: https://www.econbiz.de/10005407596

Aggregate Scale Economies, Market Integration, and Optimal Welfare State Policy

Molana, Hassan; Montagna, Catia - EconWPA - 2005

state policy entails positive levels of unemployment benefits under free-trade and capital mobility. In this setting …

Persistent link: https://www.econbiz.de/10005408070

Workplace location and travel effects from teleworking

Lim, H.N. - EconWPA - 2002

Travel time losses in the Netherlands are likely to get worse in the years ahead if capacity is not added to cope with the demand. This particularly creates problems for business travel, which is characterized by a high “value of time”. In the Netherlands, policy makers have a long-standing...

Persistent link: https://www.econbiz.de/10005408329

Choice of ownership structure and firm performance: Evidence from Estonia

Jones, Derek C.; Kalmi, Panu; Mygind, Niels - EconWPA - 2003

In this paper we use rich panel data for a representative sample of Estonian enterprises to analyse diverse issues related to the determinants of ownership structures and ownership changes after privatisation. A key focus is to determine whether ownership changes are related to economic...

Persistent link: https://www.econbiz.de/10005412700

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