Showing 1 - 10 of 12
money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal … monetary growth rate decreases with the workers’ bargaining power, the level of unemployment benefits and the payroll tax rate. …
Persistent link: https://www.econbiz.de/10005822838
not efficient. Inflation is detrimental to unemployment. …This paper builds a macroeconomic model of equilibrium unemployment in which firms persistently face difficulties in …, equilibrium unemployment is a U-shaped function of the ratio of total demand to total supply on this market. When prices are at …
Persistent link: https://www.econbiz.de/10005700844
This article examines whether various macroeconomic policy shocks have different effects on overall unemployment rate … and the unemployment rate by different levels of education in Turkey. These effects are assessed for total, male and … female unemployment rates separately. To examine the relationship, a quarterly VAR model with a recursive order is employed …
Persistent link: https://www.econbiz.de/10005566503
because minimum wage increases unemployment, hence the marginal cost of redistribution is higher which gives a pretext for …
Persistent link: https://www.econbiz.de/10005566696
This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data for the period 1988-2008. Even if we fail to find a long-run relationship between aggregate output and total employment, there are long-run relationships for the aggregate output with...
Persistent link: https://www.econbiz.de/10010884236
suggest that a more progressive tax schedule reduces the unemployment rate and increases the employment rate. These findings …
Persistent link: https://www.econbiz.de/10010790514
unemployment rates about the behavior of labor markets and the causes of joblessness are useful. …
Persistent link: https://www.econbiz.de/10010570784
This paper investigates the relationship between labor force participation rate and unemployment rate in Turkey a … indicate that there is no long-run relationship between labor force participation and unemployment rates in Turkey. Thus …, unlike in the case of the developed countries the unemployment invariance hypothesis is supported in Turkey. …
Persistent link: https://www.econbiz.de/10011167201
optima, non-linear income taxation is a key complement to unemployment insurance. According to the level of the workers …
Persistent link: https://www.econbiz.de/10005703087
levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to their efficient values, gross wages, unemployment and participation are lower. Average tax …
Persistent link: https://www.econbiz.de/10005822583