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What are the impacts of labor tax reform on wage setting and employment to keep therelative tax burden per low-skilled and high-skilled workers constant in the case ofheterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor andperfect competition in high-skilled labor...
Persistent link: https://www.econbiz.de/10009360617
in-work benefits on search intensity, participation, employment, and unemployment,compared to a framework in which wages …
Persistent link: https://www.econbiz.de/10009360547
We explore whether finance influences the impact of labour market institutions onunemployment. Using a data set of 18 …
Persistent link: https://www.econbiz.de/10009360534
regulations leadto a simultaneous reduction in informality and unemployment. The difference between thesetwo policy options lies …
Persistent link: https://www.econbiz.de/10009360540
unemployment insurance, when thelatter is only imperfectly related to search effort. A balanced social insurance budget …
Persistent link: https://www.econbiz.de/10009360583
use a New Keynesian model with unemployment to predict the effects ofdifferent labor market institutions on macroeconomic …This paper analyzes the effects of different labor market institutions on inflation and outputvolatility. The eurozone … labor market institutions have a large effect on output volatility, they donot seem to have much of an effect on inflation …
Persistent link: https://www.econbiz.de/10009360591
lower structural rate of unemployment. We establish this fact using:(i) panel data from 20 OECD countries, (ii) cross … within-country trade. Our main findingis robust to various definitions of unemployment rates and openness measures … institutions do notappear to condition the effect of openness.... …
Persistent link: https://www.econbiz.de/10009360638
Post World War II European welfare states experienced several decades of relatively low unemployment, followed by a … plague of persistently high unemployment since the 1980s. We impute the higher unemployment to welfare states' diminished … search model where workers accumulate skills on the job and lose skills during unemployment. …
Persistent link: https://www.econbiz.de/10005207056
The paper proposes an empirical examination of the consequences of educational expansion and reform in four European countries in terms of school-leavers' labour market chances. The empirical analyses focus on the returns to higher education on the one side and vocational qualification as...
Persistent link: https://www.econbiz.de/10005040546
"Over the last two decades, youth unemployment emerged as one of the major problems of many contemporary European … educational stratification of unemployment in early labour market career and its institutional embeddedness in specific education … and employment systems. For the sake of comparative analysis, the paper investigates youth unemployment in France, the …
Persistent link: https://www.econbiz.de/10005040550