labor supply and equilibrium unemployment in representative agent models.The impact of tax policy on labor market … unemployment benefits.In non-competitive labor markets, employment declines if a higher tax burden makes the outside option (i …, such as cutting unemployment, stimulating the participation of secondary workers into the labor force, raising the quality …

that such rules are cost monotonic and induce also population monotonic allocation schemes.Another characteristic of …

delivers a population monotonic allocation scheme.A conewise positive linearity property is one of the basic ingredients of an …

This paper investigates the impact of individual asset holdings on the probability of leaving unemployment. According … to the theory, higher levels of financial wealth will result in higher reservation wages and longer unemployment … out of unemployment. In particular, negative levels of wealth increase significantly the hazard of leaving unemployment …

In order to explore the optimal taxation of low-skilled labor, we extend the standard model of optimal non …-linear income taxation in the presence of quasi-linear preferences in leisure by allowing for involuntary unemployment, job search …

This paper explores the optimal interaction between the tax system and unemployment compensation in insuring people … against the risks of involuntary unemployment and low ability.To that end, we introduce search unemployment in a model of … and the unemployment benefit) increases if, for efficient agents, the participation constraint (governing job search …