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the unemployment rate and increases the employment rate. From a theoretical point of view, higher progressivity induces a … wage-moderation effect and increases overall employment since employment of low-paid workers is more responsive. We test … average wage, we show that a more progressive taxation reduces the unemployment rate and increases the employment rate. These …
Persistent link: https://www.econbiz.de/10011075075
reproduces the empirical evidence that the impacts on employment, of reductions in contributions at the minimum wage level, go … prejudical to average productivity, reductions targeted at the minimum wage create much more net employment than reductions …
Persistent link: https://www.econbiz.de/10004984944
This article argues in favor of drawing a distinction between the concepts of labour rationing and unemployment, the former referring to the occurrence of excess supply in a given labour market, the latter to job-waiting activity. In a first part, the literature on the possible consequences of...
Persistent link: https://www.econbiz.de/10004985040
that of the neo-classical model in explaining the dynamics of employment and wages in the three countries. …
Persistent link: https://www.econbiz.de/10004985334
We study the relationship between offshoring and job stability in Italy in the period 1995–2001 by using an administrative dataset on manufacturing workers. We find that the international fragmentation of production negatively affects job stability. Service offshoring and material purchases...
Persistent link: https://www.econbiz.de/10010547077
-driven wage gap and a reduction in unskilled employment. This prediction is empirically validated using EU-KLEMS data on country …
Persistent link: https://www.econbiz.de/10011265927
The paper examnes the formation of free trade agreements as a network formation game. We consider a three-country model in which international trade occurs between economies with imperfectly competitive product markets. Labor markets can be unionized and non-unionized in each country. We show...
Persistent link: https://www.econbiz.de/10004984898
In a two-country Ricardian model, we study the dynamics of intersectoral reallocation of labour following upon a once and for ail move to free trade. The job creation/destruction process in both sectors is slow and this results in unemployment during the transition toward the long run free trade...
Persistent link: https://www.econbiz.de/10004985358
of finding a job. These results imply that neglecting labor market frictions and employment rate changes may seriously …
Persistent link: https://www.econbiz.de/10008674348
There is plenty of individual-level evidence, based on the estimation of Mincerian equations, showing that better-educated individuals earn more. This is usually interpreted as a proof that education raises labour productivity. Some macroeconomists, analysing cross-country time series, also...
Persistent link: https://www.econbiz.de/10010690401