Showing 1 - 10 of 31
No abstract.
Persistent link: https://www.econbiz.de/10010684443
We highlight the role of commuting cost, location and housing market in crime decision. By assuming that all crimes are committed in the central business district and that criminals create both positive and negative externalities to each other, we find that high wages or large levels of police...
Persistent link: https://www.econbiz.de/10005419518
No abstract.
Persistent link: https://www.econbiz.de/10010818382
In 2008, the Swedish property tax was reformed and a cap on yearly tax liabilities was introduced. A large fraction of owner occupied houses was subject to a substantial decrease in the tax. When the reform was announced, most analysts projected – in line with tax capitalization theory –...
Persistent link: https://www.econbiz.de/10010818539
matching between workers and firms in export-oriented industries. Changes that reduce the cost of imports have an ambiguous … impact on matching. We combine detailed Swedish matched worker-firm data from 1995 – 2005 with tariff data to test these …
Persistent link: https://www.econbiz.de/10010542070
evidence that openness improves the matching between workers and firms in export-oriented industries. This suggests that there … efficiency of the matching process in the labor market. On the other hand, we find no evidence that openness affects the degree … of matching in import-competing industries. These results remain unchanged after adding controls for technical change at …
Persistent link: https://www.econbiz.de/10008784427
explanatory unemployment variable in the Phillips relation is intuitively to be regarded as an indicator of labour scarcity … intermediate step between unemployment and wage inflation. Contributions by Kuh, Solow and Stiglitz in the late sixties follow this …, it is hard to derive the desired result that the wage share increases when unemployment falls. Monopolistic price …
Persistent link: https://www.econbiz.de/10011019057
How are inflation and unemployment related in the long run? Are they negatively correlated, as in the so-called naive … in his Nobel lecture? <p> In this paper inflation is introduced into a general equilibrium search unemployment model. We …
Persistent link: https://www.econbiz.de/10011019058
Although private equity firms are often criticized for layoffs, little evidence exists regarding which employees lose their jobs and why. We argue that explanations for the job polarization process can also explain layoffs after buyouts. Buyouts reduce agency problems, which triggers automation,...
Persistent link: https://www.econbiz.de/10011262892
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